Category : Search result: consumer regulation


Trump's 10% credit card cap sparks debate

President Trump announces a one-year cap on credit card interest rates at 10%, drawing praise from some lawmakers and fierce opposition from banking groups. Discover the full story and its potential impact.

Probate files held hostage after law firm shut down

A grieving daughter from Cornwall is left penniless after her solicitor ceased trading, locking her out of her father's estate. The SRA intervened to release her files, but others may face months of delays.

Amazon sued for overcharging sales tax in Tennessee

A Tennessee man files a class action lawsuit against Amazon, accusing the retail giant of systematically overcharging state sales tax and refusing to refund customers. Read the full details.

Democrats Sue Over Trump's CFPB Changes

US Democrats file a lawsuit against the Trump administration's restructuring of the Consumer Financial Protection Bureau. The move aims to block a rule they argue weakens consumer protections.

EU Announces Crackdown on Airbnb-Style Rentals

The European Union unveils a landmark plan to regulate short-term holiday lets, aiming to free up housing and tackle the affordability crisis across member states. Read the full details.

Debt Collection Charges Dismissed Against Panthera

Criminal charges against debt firm Panthera Finance dismissed after court rules it wasn't technically collecting. Consumer Affairs Victoria ordered to pay costs. Read the full analysis.

ANZ faces record $240m fine for misconduct

ANZ Bank agrees to a record $240 million penalty for widespread misconduct, including mishandled bond sales and fees charged to deceased customers. CEO Nuno Matos faces parliamentary scrutiny.

UK Watchdogs Must Act on Rip-Off Bills

New report demands better regulation to stop firms from shortchanging customers on bills for mobile phones, insurance and subscriptions, boosting the UK economy.

FCA's £4bn Car Finance Scheme 'Robbing Victims'

Exclusive: The Financial Conduct Authority's proposed compensation scheme for the car finance mis-selling scandal faces massive backlash for potentially short-changing victims out of billions.

Estate Agent Shake-Up: Mandatory Licensing Proposed

Chancellor Rachel Reeves announces groundbreaking plans to regulate estate agents through mandatory licensing, aiming to clean up the property market and prevent rogue practices that cost consumers millions.

Court Revives Challenge to Trump-Era CFPB Director

A federal appeals court has revived a legal challenge questioning the legitimacy of a Trump-era director's appointment to America's Consumer Financial Protection Bureau, creating fresh uncertainty for the agency.

Microsoft sued in Australia over AI pricing allegations

Tech giant Microsoft is being sued by Australia's competition watchdog for allegedly misleading millions of Australians about AI feature pricing in a case that could set a major precedent for tech regulation.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Australian banks ignore customer hardship requests

Exclusive investigation reveals major Australian banks are systematically failing customers in financial distress, with thousands of hardship requests going unanswered as cost-of-living pressures mount.

UK Banks Investigated Over Motor Finance Commissions

Major British banks including Barclays, Lloyds and Santander face regulatory scrutiny over controversial motor finance commission arrangements that could trigger significant compensation payouts.

UK Retail Sales Surge Despite Budget Tax Fears

New data from Barclays reveals UK consumer spending accelerated in September 2025, with retail sales growing 1.5% despite concerns about potential tax rises in the upcoming budget.

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