Sector Regulation Sector Regulation

UK's 'buy now, pay later' credit boom needs urgent regulation, former FCA chief says

By Fiona Maxwell
  • 08 Oct 2021 06:07
  • 08 Oct 2021 06:07
Financial-services companies offering consumers delayed payment for purchases need a legislative regime as soon as possible, despite a longer delay than initially anticipated, the UK’s former chief financial services regulator said today. 

The "buy now, pay later" sector — which in the UK includes the likes of Sweden's Klarna and Australia's

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