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Product title / description
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Expert View
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The UK Card Association has submitted proposals to the government for the forthcoming regulation of the card industry. These proposals aim to protect competition in the market and ensure that issuers can lend reasonably. While the proposals should lead to more transparency in the market, the introduction of fees and ever higher APRs becomes inevitable.
Published By Datamonitor
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22 Jan 2010 |
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CommentWire
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The UK government has made the banking industry solely responsible for financing the creation of a free national financial advice service. Despite the added cost, investing in such a scheme should prove beneficial to traditional financial services providers, both in its potential to re-engage consumers, and also by having the industry publicly take its share of responsibility for the crisis.
Published By Datamonitor
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25 May 2010 |
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Reports and briefs contain analyst driven analysis and opinion covering a specific market or issue.
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