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Retail Finance: Buy now, Pay later podcast series

  • United Kingdom
  • Financial services - Payment services
  • Financial services - Retail finance


We are pleased to announce the release of our new Buy Now, Pay later series exploring the proposals for BNPL products to become regulated under the UK's Financial Conduct Authority regime and what this will mean for lenders, merchants and consumers alike.

Throughout the series we will take a deeper dive into some of the key aspects of the proposals including how UK Treasury is proposing to scope the perimeter of regulation (so which BNPL products will be caught), what the conduct of business requirements may look like, what protections consumers may have when they enter into one of these products and what credit reporting may involve.

Episode 3

We are delighted to be joined by Stuart Holland, Director of External Affairs at Equifax in episode 3 of our Buy Now, Pay Later podcast series to discuss the proposals relating to creditworthiness and credit reporting.

We cover:

  • What Credit Reporting Agencies (CRAs) do, what credit files are and how these are currently used by lenders and borrowers
  • HMT’s proposals for credit reporting and creditworthiness checks for Buy Now, Pay Later (BNPL)
  • What role credit reporting and credit files play in helping BNPL providers navigate their regulatory responsibilities regarding creditworthiness, vulnerable customers and avoiding over-indebtedness
  • The wider implications of the proposals on consumers and lenders and how the data will feed into credit files


Equifax is a global data, analytics and technology company and one of the three largest consumer credit reporting agencies. To find out more about Equifax’s credit reporting services please visit their website.


Episode 2

In the second episode of our podcast series, we explore the Treasury’s response to the previous consultation on the regulation of BNPL on 20th June and take a closer look at the the proposals as they currently stand.


Episode 1

In the first episode, our Retail Finance Partners, Naomi Seward and Joanne Owens, discuss:

  • the background to BNPL
  • the existing regulation of credit products and exemptions from regulation and;
  • why the FCA and Treasury are recommending that these products are now caught under the UK's FCA’s regulatory regime



For more information on any of the matters discussed in the podcast, please get in touch with your usual Eversheds Sutherland contact or contact the below: