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The Independent UK
The Independent UK
Business
Vicky Shaw

Regulator is ‘ready to go’ to bring buy now, pay later firms under its scope

The chief executive of the Financial Conduct Authority has said the regulator is “ready to go”, when asked about bringing buy now, pay later firms under its scope.

Questioned during a Treasury Committee hearing about reports that buy now, pay later regulation could be shelved, Nikhil Rathi told the MPs: “That has not been suggested to me in any of my interactions with ministers…

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