Consumer Credit Act 1974: Primary legislation governing consumer credit agreements in England and Wales, setting out requirements for credit agreements with individuals
Financial Services and Markets Act 2000: Key legislation establishing the regulatory framework for financial services in the UK, including lending activities
Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract, relevant for any potential assignment or transfer of the loan
Unfair Contract Terms Act 1977: Legislation restricting how businesses can exclude or limit their liability in contracts, ensuring fairness in contractual terms
Consumer Rights Act 2015: Legislation protecting consumer rights and governing fairness in consumer contracts, including financial services
FCA Regulations: Regulatory framework set by the Financial Conduct Authority governing financial services and consumer credit activities
FCA Consumer Credit sourcebook (CONC): Detailed rules and guidance for consumer credit activities, including requirements for loan agreements
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Statutory instrument specifying which activities require FCA authorization, including certain lending activities
Common Law Contract Principles: Fundamental legal principles governing contract formation, including offer, acceptance, consideration, and intention to create legal relations
Misrepresentation Act 1967: Legislation governing false or misleading statements made during contract formation
Money Laundering Regulations 2017: Regulations requiring certain checks and procedures to prevent money laundering and terrorist financing
UK GDPR: Data protection legislation governing how personal information must be handled and processed
Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR to regulate personal data handling
