Fintech Horizons - April 2016

In this issue: we report on the key recommendations published in the FAMR report; claiming Research and Development tax relief; guidance on the Consumer Rights Act.

08 April 2016

Welcome to Fintech Horizons, the Burges Salmon Fintech briefing. This edition’s briefings cover the following topics:

  • FAMR – a new approach to financial advice? - We report on the key recommendations published in the Financial Advice Market Review final report.
  • Have you considered claiming Research and Development Relief? - If you are involved in a FinTech company that undertakes research and development you may want to consider claiming this tax relief. We look at how the relief operates and the conditions that preclude any successful claim for relief.
  • BIS – Call for Evidence We remind firms about the Department for Business Innovation and Skills’ Call for Evidence on “Terms & Conditions and Consumer Protection Fining Powers” and consider the consequences of any potential findings for businesses operating a consumer-facing role.
  • Guidance on the Consumer Rights Act - Following the Competition and Markets Authority’s publication of guidance on writing fair consumer contracts in accordance with the provisions of the Consumer Rights Act 2015, we report on the contents of the guidance documents and remind readers of the importance of keeping consumer-facing terms and conditions under review.

If you would like further information on any of the topics above, please contact a member of the fintech team, or your usual lawyer at Burges Salmon.

Key contact

Tom Dunn

Tom Dunn Partner

  • Head of Regulated Funds and Financial Services
  • Regulated Funds
  • Financial Services

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