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Unregulated Buy Now Pay Later (BNPL) firms becoming authorised
Prior to the UK leaving the EU, EEA-based firms were able to operate in the UK without our direct authorisation. -
Morses Club Limited and Shelby Finance Ltd (trading as Dot Dot Loans) enter administration
Morses Club Limited and its wholly owned subsidiary Shelby Finance Ltd (trading as Dot Dot Loans) have entered administration. -
FCA secures contract changes for buy-now-pay-later customers as more consumers use the product
FCA research shows that there has been a significant increase in the use of buy-now-pay-later (BNPL). -
H.P.A.S Limited (trading as Safestyle UK) enters administration
On 30 October 2023 the directors of H.P.A.S Limited appointed Richard John Harrison and William James Wright of Interpath Advisory as joint administrators. The administrators are qualified insolvency practitioners. -
FCA warns about common issues with crypto marketing
From 8 October, we have been supervising firms against the new regime that is designed to give consumers the right information and risk warnings. -
Novaloans Ltd (trading as Cash4UNow) enters administration
On 23 October 2023, Novaloans Ltd (trading as Cash4UNow) went into administration. -
Hartley Pensions Limited enters administration
On 29 July 2022 the directors of Hartley Pensions appointed Peter Kubik and Brian Johnson of UHY Hacker Young LLP as joint administrators at the request of the FCA.