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Bill McCaffrey

Partner
Head of Consumer Credit

Portrait ofBill McCaffrey

Bill McCaffrey

Partner
Head of Consumer Credit

Contact
CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages English

Bill McCaffrey is a partner in the Financial Services and Products team and Head of its Consumer Credit practice.

Consistently top ranked in the Chambers UK legal directory, he is singled out for his in-depth understanding of the market.

He focuses on legal and regulatory issues relating to secured and unsecured loans, instalment credit, leasing, asset finance, payment services and electronic money.

Bill joined CMS from Salans where he was a partner for 7 years. Before that he spent 14 years as a senior in house lawyer at Abbey National plc, First National Bank plc and Wagon Finance Limited.

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"Bill provides knowledgeable, practical advice."

Chambers, 2023

"He possesses a high-level expertise in consumer credit."

Chambers, 2023

"He is pragmatic, commercial, experienced and clearly an expert in his field."

Chambers, 2023

"Bill provides knowledgeable, practical advice."

Chambers, 2023

"He possesses a high-level expertise in consumer credit."

Chambers, 2023

"He is pragmatic, commercial, experienced and clearly an expert in his field."

Chambers, 2023

Relevant experience

  • Creditors and lessors on documentation and procedures for credit and hire products.
  • Credit agreements, statutory statements and notices.
  • Lenders and lessors on finance advertising.
  • Payment Services Regulations including obtaining authorisation and passporting.
  • Electronic Money Regulations including authorisation and passporting.
  • Asset portfolio acquisitions and sales.
  • Lender and lessor trading agreements with suppliers and intermediaries.
  • Account terms and conditions.
  • Block discounting, factoring and invoice discounting agreements.
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Publications

  • Bill is consulting editor for Halsbury’s Laws of England: Consumer Credit 
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Education

  • 1986 – LLB, Strathclyde University, Glasgow
  • 1987 – Law Honours, Strathclyde University, Glasgow
  • 1988 – Dip LP, Strathclyde University, Glasgow
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Expertise

Feed

28/03/2024
FCA Publishes Finalised Guidance on Financial Promotions on Social Media
The Financial Conduct Authority (“FCA”) has published its finalised guidance on financial promotions on social media (FG24/1) (the “Guidance”). This follows a consultation carried out by the FCA...
Law-Now Advertising, Marketing & Sponsorship
28/03/2024
FCA Publishes Finalised Guidance on Financial Promotions on Social Media
The Financial Conduct Authority (“FCA”) has published its finalised guidance on financial promotions on social media (FG24/1) (the “Guidance”). This follows a consultation carried out by the FCA...
Regzone Banking & Finance
12/10/2023
Supreme Court provides importance guidance on limitation in the context...
The recent Supreme Court judgment in Smith and another v Royal Bank of Scotland plc [2023] UKSC34 is an important decision for all lenders in the context of claimants seeking relief as a result of an...
Law-Now Banking & Finance
12/10/2023
Supreme Court provides importance guidance on limitation in the context...
The recent Supreme Court judgment in Smith and another v Royal Bank of Scotland plc [2023] UKSC34 is an important decision for all lenders in the context of claimants seeking relief as a result of an...
Regzone Financial Services & Regulation
15/09/2023
FCA-authorised firms and The Economic Crime (Anti-Money Laundering) Levy...
If your firm is authorised by the Financial Conduct Authority (“FCA”) but is not within scope of the Money Laundering Regulations 2017, you may want to check your FCA fee statement. This is because...
Regzone Financial Services & Regulation
21/06/2023
Change is on the horizon for consumer credit and mortgage firms
On 25 May 2023, the Financial Conduct Authority published a consultation paper on strengthening protections for borrowers in financial difficulty. The FCA intends to move some of the Tailored Support...
Law-Now Banking & Finance
21/06/2023
Change is on the horizon for consumer credit and mortgage firms
On 25 May 2023, the Financial Conduct Authority published a consultation paper on strengthening protections for borrowers in financial difficulty. The FCA intends to move some of the Tailored Support...
Regzone Financial Services & Regulation
09/03/2023
Application of the FCA Consumer Duty to Motor Finance Providers
On 1 March 2023, the FCA published a portfolio letter on “Implementing the Consumer Duty in the Motor Finance Providers Portfolio”. The letter introduces a more outcomes-focused approach to consumer...
Regzone Financial Services & Regulation
02/03/2023
Regulation of BNPL
On 14th February 2023, HM Treasury (“HMT”) opened a consultation on the government’s draft legislation to regulate certain types of currently exempt interest-free “Buy-Now Pay-Later” (“BNPL”)...
Law-Now Banking & Finance
01/03/2023
Regulation of BNPL
On 14th February 2023, HM Treasury (“HMT”) opened a consultation on the government’s draft legislation to regulate certain types of currently exempt interest-free “Buy-Now Pay-Later” (“BNPL”)...
Regzone Financial Services & Regulation
04/08/2022
Oversight of Appointed Representatives
What will change? The intended outcome of the changes is that: The FCA can better challenge principals and firms that may wish to appoint an AR. Principals have a better understanding of their re­spons­ib­il­it­ies...
Regzone Financial Services & Regulation
04/08/2022
Oversight of Appointed Representatives
The Financial Conduct Authority (“FCA”) has published new rules to improve oversight over appointed representatives (“ARs”), which will take effect on 8 December 2022. These new rules are intended...
Law-Now Banking & Finance
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