John Lunn
PartnerJohn is a Banking and Finance partner based in Edinburgh and heads our Retail Banking team.
John has over 30 years' experience as a Banking and Finance lawyer and his expertise lies in financial services regulation. He is recognised as one of the UK's leading specialists on the regulation of consumer credit and mortgages. He is ranked for UK Consumer Finance in Chambers Legal Directories.
John also advises clients on marketing materials. This involves the UK code of non- broadcast advertising and direct & promotional marketing (CAP) as well as the broadcasting code (BCAP) which applies to aspects such as sponsorship credits on radio and television services.
John is our Financial Conduct Authority (FCA) compliance officer and anti-bribery partner.
Areas of Expertise
Banking & Finance
Article
Consumer Credit Act reform
HM Treasury has issued its Phase 1 consultation paper (CP) on CCA reform.
The CP outlines the government's strategic approach to reform in certain key areas, leaving the Financial Conduct Authority (FCA) to consult later on the detailed implementation. The direction of travel is to repeal many of the remaining CCA provisions and associated secondary legislation, and then recast conduct requirements in the FCA's Handbook, including its Consumer Credit Sourcebook.
Article
Account closure: new notice requirements
From 28 April 2026, banks and PSPs must give 90 days’ notice before closing certain accounts, along with a clear explanation and complaint guidance. This regulatory change enhances transparency and customer protection. Consumer finance providers should review account closure procedures, update terms, and ensure communications meet the new standards to remain compliant.
Article
Finfluencers: Finance Unfiltered – An update
The Financial Conduct Authority (FCA) has urged Big Tech and social media companies to take stronger measures against financial influencers, known as finfluencers, who share unauthorised and potentially misleading financial advice online. While the FCA has the power to issue takedown requests, compliance remains voluntary, leading to delays in removing harmful content. With concerns growing over the risks to consumers, the FCA is pressing for more proactive intervention from major platforms.