Guidance

Calculating APR: amendment to the Consumer Credit (Total Charge for Credit) regulations

Draft regulations to bring into effect EU Directive 2011/90/EU on the provision of additional assumptions for the calculation of the annual …

Document

Draft Statutory Instrument: Consumer Credit (Total Charge for Credit) (Amendment) Regulations 2012.

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Details

Draft regulations to bring into effect EU Directive 2011/90/EU on the provision of additional assumptions for the calculation of the annual percentage rate of charge (APR). See URN 12/869 for BIS background notes on transposing and applying the Regulations.

Published 28 May 2012