New rules to end Buy-Now, Pay-Later wild-west, protect millions of shoppers and drive growth

News Anti-money laundering Consultations

Date: 19th May, 2025 Source: HM Treasury Country: United Kingdom Original Source

Brief

On 19/05/2025, the HM Treasury issued an update regarding "New rules to end Buy-Now, Pay-Later wild-west, protect millions of shoppers and drive growth". New regulations for Buy-Now, Pay-Later (BNPL) products will introduce affordability checks and faster access to refunds, aligning with other credit products.

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HM Treasury

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New rules to end Buy-Now, Pay-Later wild-west, protect millions of shoppers and drive growth

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New rules to end Buy-Now, Pay-Later wild-west, protect millions of shoppers and drive growth

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