UK

FSA publishes statement of good practice on fairness of terms in consumer contracts

Paul Edmondson is a partner in the financial services team at CMS Cameron McKenna, paul.edmondson@cms-cmck.com

The Financial Services Authority (FSA) has recently issued a statement of good practice on the fairness of terms in consumer contracts with particular reference to variation clauses. Paul Edmondson from CMS Cameron McKenna provides the details.