Article published in Innovate Finance on 3rd September 2025
Author: Professor Brian Scott-Quinn.
In a lending business the main risk that firms focus on is credit risk – the risk of loans not being repaid. What is often not high enough on the agenda is regulatory risk and the impending upgrade of regulation of lenders including BNPL (Buy Now Pay Later) next year in the UK. Regulators in other countries are considering similar changes. Managing the risk that you could be the next firm that the Financial Conduct Authority (FCA) or the Prudential Regulatory Authority (PRA) decides to investigate, ... Read more...