FSA Issues New Rules For Sale, Rent-Back Market

29 Jan 2010

The U.K.’s Financial Services Authority has issued new rules and guidance to protect consumers in the sale-and-rent back market.

The U.K.’s Financial Services Authority has issued new rules and guidance to protect consumers in the sale-and-rent back market. The measures, effective June 30, include a ban on exploitative advertising and high-pressure sales techniques, a 14-day cooling-off period during which purchasing consumers can change their mind, and a ...

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