Anna Lewis-Martinez is a knowledge management lawyer in the Financial Regulatory Practice of Latham & Watkins’ London office and a member of the Financial Institutions Industry Group. Anna specialises in financial services regulation. She has a particular focus on the FCA’s Conduct of Business Rules, European regulatory developments (including MiFID II, MAR, and the EU Benchmarks Regulation), the implications of Brexit for the financial services sector, conduct and culture and environmental, social and governance (ESG) issues. Prior to joining Latham, Anna was a knowledge management lawyer for the Financial Regulatory and Finance practices at another international law firm. Anna also practised as a transactional lawyer at a Magic Circle firm.
Banking & Financial Services
United Kingdom | 23 February 2021
The government has announced that interest-free buy-now-pay-later (BNPL) credit agreements will be regulated by the Financial Conduct Authority. At present, the BNPL market operates under an exemption from regulations for consumer credit lending. The announcement comes as a review of the unsecured credit market unexpectedly urgently recommends regulating all BNPL products.