Consumer Credit
New laws and regulations are being enacted at
a dizzying pace, which will change the regulatory and compliance
landscape for both primary and secondary market participants in the
credit markets for years to come. Financial institutions will
need to remain flexible and nimble enough to navigate their way
through an ever-increasing web of complex regulations and must be
able to create new products that will both comply with the new
requirements and expand market share. Firms that are able to ride
the crest of this new wave of regulation will find themselves well
positioned to drive revenue while other firms freeze in the face of
regulation.
With decades of experience and a real in-depth
knowledge of the sector, we are one of the market-leading practices
in consumer banking and finance.
Our team is drawn from lawyers across all
relevant legal disciplines, and distinguishes itself through an
in-depth understanding of the consumer finance industry.
Our clients include many of the leading retail
banks and other retail lenders operating across the
globe. Many of those on our team either have spent time on
secondment to, or have worked at, major industry players and
regulators.
We work with our clients to provide dynamic,
flexible, commercial and realistic business solutions for their
consumer banking and finance needs, and advise on all aspects of
financial regulation and compliance.
With all of this knowledge and experience, the
legal directories consistently rank us as a leading firm in
banking, IT, outsourcing, data protection, intellectual property,
e-commerce and consumer banking litigation. Much of our work
in these fields has been for consumer banking and financial
businesses.
Areas of Focus:
- New laws, regulations and other relevant
legal guidance
- Mortgage and consumer lending, brokering
and servicing
- Secondary market transactions
- Mergers and acquisitions
- Loan-level due diligence
- FHA, VA and GSEs
- Commercial loans
- Licensing issues
- Legislative work
- Privacy
- Preemption
- IT, outsourcing
- Consumer banking
- Litigation