Eversheds International
Global home
Banking and Finance
Consumer finance
Challenges/Hot Topics
We have the most comprehensive regulatory regimes ever and the degree of regulation both from the UK FSA and OFT and Europe continues to increase. Both the cost of operation and the potential risks of fines from regulatory authorities is increasing at an extraordinary rate.
Combined with the fact that the UK is a mature market the challenge of creating a growing income stream from a sustainable market share becomes increasingly difficult as the need to produce innovative stand-out products increases. These pressures clearly work against each other and mean that any product provider needs to be on top of their regulatory game to be able to focus on providing innovative products in today's market.
How we can help
Eversheds has one of the largest teams focusing on consumer finance available in the UK market. We are recognised as a leading firm in Chambers Guide to the UK Legal Profession (2008 edition). Why - because we focus on the consumer finance market in depth and therefore are on top of the regulatory issues. By being strong in depth this means not only can we ensure regulatory compliance but can help you build products that will provide competitive advantage.
Link this to our proven commercial relationship building skills we can then link product providers to channels to market providers in a way that allows both to realise their long term commercial needs in an innovative, but compliant, fashion.
