Financial Services Financial Services

UK rules for 'buy now, pay later' providers will protect consumers but be limited, government says

By Fiona Maxwell
  • 21 Oct 2021 06:18
  • 21 Oct 2021 06:18
Credit providers such as Klarna and Afterpay should be subject to regulation to prevent consumer harm, the UK government said today, but warned against overly regulating and stifling the growing “buy now, pay later” industry.

The government published a long-awaited call for feedback today setting out its thinking on how t

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

Discover MLex

Stay on top of global regulatory developments

Latest News