Reform of the Consumer Credit Act: everything you need to know

A 45-minute discussion between Amanda Hulme, head of financial regulation, TLT, and Andrew Brameld, former chief commercial officer, BNP Paribas Personal Finance UK, at the Finance Connect conference on 4 June 2026 as HMT publish consultation findings from phase 1 of the reform and prepare for phase 2.

For consumer finance lenders — in auto, retail point-of-sale, personal loans, and hire purchase — the reform proposals directly reshape the legal framework governing your products, your liabilities, and your exposure on legacy books. The decisions HMT may take on automatic sanctions, unfair relationships, and connected-lender liability will affect how you do business.
For asset finance, equipment finance, and receivables lenders — the reforms may may it easier to deal with regulated agreements in the immediate term and the reform’s Phase 2 may look at a question that has generated significant uncertainty for years: where exactly does the CCA’s regulatory perimeter fall for business lending to sole traders and small partnerships? The reforms may materially reduce the regulatory burden on lenders serving smaller commercial borrowers.

HM Treasury is expected to publish its response to the Phase 1 consultation — and to provide an update on its plans for Phase 2 of its consultation on consumer rights, including unfair relationships, and the scope of regulation — before this conference takes place. The 4 June event will be one of the first structured forums in the specialist lending industry to explore what the response means.

Two people who know this territory from the inside will work through what lenders actually need to understand: the lawyer who has been in HMT working groups shaping the reform, and a practitioner who has run CCA-regulated lending at scale and knows what the commercial stakes are.

The speakers

Amanda Hulme is head of financial regulation at TLT and one of the UK’s foremost experts in consumer credit law.

She has been ranked in Chambers and Partners for more than 20 years in Tier 1 for Consumer Finance — one of the most sustained records in the field. Chambers describes her as “one of the few genuine experts with deep knowledge,” “the go-to lawyer for finance and consumer issues” and “the sharpest and most strategic lawyer out there.”

She advises UK Finance and the Finance and Leasing Association on regulatory reform and is assisting its members with advocacy on the CCA reform programme — helping to draft industry responses to the consultations and participating directly in the HMT working groups that are shaping what comes next. Before entering private practice she spent two and a half years as a senior legal advisor at the Office of Fair Trading, advising on consumer law and consumer credit. She knows what the industry has asked for, what HMT has accepted in principle, and — as someone working directly inside the reform process — where the Phase 2 consultation might land on the questions that matter most commercially.

Andrew Brameld brings thirty years of experience running CCA-regulated consumer finance businesses at scale.

He joined BNP Paribas Personal Finance UK in 2017 to build and lead its motor finance division from launch, going on to become chief commercial officer with responsibility for motor finance, retail point-of-sale finance and personal loans. Before BNP Paribas he held senior roles at Barclays Partner Finance, First National and Lombard Motor Finance.

That breadth matters for this session. Retail point-of-sale finance — financing a consumer’s purchase of a sofa or a laptop through a retailer — sits squarely within Section 75 of the CCA: if the retailer fails, the lender carries joint liability for the consumer’s loss. Motor finance sits at the centre of the commission disclosure storm, with Section 140A of the CCA as the legal mechanism through which the redress scheme is constructed. Personal loans, hire purchase, PCP — Andrew has run all of them under the CCA framework and understands what the Act’s constraints and liabilities mean in practice, not just in theory.

He will ask the questions the audience would ask if they had the chance: what does this reform actually mean for my book, my products, and my exposure?

Got a question you want put to Amanda and Andrew? Send it in advance to edwardpeck@finance-connect.com.

Book your place at the Finance Connect conference on 4 June 2026 at https://afcconferenceuk.com/assetfinanceconnect2026/en/page/book-now