Horizon-scan for the payments, consumer credit and mortgages sectors

The global pandemic continues to poseconsiderable challenges for financial services and, in some instances, hasaccelerated changes in business models and consumer behaviour. Emma Radmoreand Angie Bamboulis survey the horizon for payments, consumer credit andregulated mortgages firms; as well as the measures being adopted to alleviatethe impact of the economic situation on financial services businesses andcustomers.

Emma Radmore(legaldirector) and Angie Bamboulis (solicitor) are members of Womble BondDickinson’s financial services team in London. Contact themonemma.radmore@wbd-uk.com and angie.bamboulis@wbd-uk.com.

Brexit – the future relationship between theUK and the EU

Along with the Covid-19 pandemic, Brexit created significantuncertainty, for both financial services firms and their customers. The Brexittransition period is of course now over, and the future relationship betweenthe United Kingdom and the European Union remains uncertain, despite theparties having agreed to the text of the Trade and Co-operation Agreement.