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Regulating Buy Now Pay Later

Gavin Stewart, Director in Grant Thornton’s Financial Services Group, spent 27 years as a regulator at the Bank of England, Financial Services Authority and Financial Conduct Authority. Here he looks at the path to regulating the Buy Now Pay Later mark…

Information sheet about Buy Now Pay Later

The Financial Conduct Authority (FCA) has recently published a review of change and innovation in the unsecured consumer credit market where it focussed on unregulated BNPL products. This information sheet aims to assist readers by providing a backgrou…