BNPL regulation is now real – are you ready for July 2026?

Written By Joanne Davis

PS26/1 confirms how Deferred Payment Credit will be regulated from 15 July 2026. Here’s what it means.

The FCA’s long-trailed regulation of Buy Now Pay Later is now confirmed. With PS26/1, Deferred Payment Credit (DPC) will fall within the UK consumer credit regime from 15 July 2026. This is not simply an authorisation exercise. The new rules reach into product design, disclosures, creditworthiness checks, arrears handling, governance and board oversight.

For firms operating in DPC - or partnering with DPC providers - this is a significant operational change.

In our latest briefing, we cover:

  • What is coming into scope and who needs permission

  • The new conduct and disclosure standards

  • Creditworthiness and affordability expectations

  • Arrears communications and missed payment rules

  • Authorisation, TPR and criminal offence risk

  • What boards should now be doing

You can download the full bulletin here.

Download the Auxillias BNPL bulletin here
Joanne Davis
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