chris wakem says uk consumer law is about to change

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CHANGES LOOMING IN UK CONSUMER LAW By Christopher Wakem, London Legal Contractor December 27, 2013 According to Eversheds, the Consumer Rights Directive was recently enacted throughout the European Union. The law, which must be complied with by June of 2014, affects business that sell their goods doortodoor, offpremises, across distances, and online. What’s more, the upcoming Consumer Rights Bill will institute additional changes to UK consumer law. While this is great news for consumers, the bad news is not many UK business leaders are aware of the changes and how they will affect business. Taken together, the Directive and the Bill constitute a virtual overhaul of British consumer law as we know it, and the biggest revision in over three decades. Most of the rules and regulations hope to simplify and clarify rights of the consumer in the advent of the digital age. Specifically, key philosophical shifts are taking place in how to think of digital content ( as a good rather than as a service), how to deal with defective services (more laws requiring re performance, price reductions, and full refunds). Many of the changes are welcome in the business community among those who know what the laws stipulate–many changes are in fact seen as long overdue–but they will also burden companies with supplementary training needs, higher costs, and further administrative burden. Now more than ever it’s vital that UK companies develop expertise (or hire an outside business law expert such as myself) to make sure everything is being done by the book. Christopher Wakem is a Londonbased legal consultant/contractor who has worked in the independent bar, private practice, and inhouse sectors. He has obtained law degrees from the University of Sheffield and University College. Mr. Wakem has provide advice in a wide array of matters, both contentious and noncontentious, through his company Lightbringer Solutions Ltd. Chris has helped companies large and small establish risk management policies, develop startup procedures, negotiate framework agreements, secure insurance coverage, and deal with AntiMoneyLaundering and AntiBribery and corruption matters.

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CHANGES  LOOMING  IN  UK  CONSUMER  LAW  By  Christopher  Wakem,  London  Legal  Contractor  December  27,  2013    According  to  Eversheds,  the  Consumer  Rights  Directive  was  recently  enacted  throughout  the  European  Union.  The  law,  which  must  be  complied  with  by  June  of  2014,  affects  business  that  sell  their  goods  door-­‐to-­‐door,  off-­‐premises,  across  distances,  and  online.  What’s  more,  the  upcoming  Consumer  Rights  Bill  will  institute  additional  changes  to  UK  consumer  law.  While  this  is  great  news  for  consumers,  the  bad  news  is  not  many  UK  

business  leaders  are  aware  of  the  changes  and  how  they  will  affect  business.    Taken  together,  the  Directive  and  the  Bill  constitute  a  virtual  overhaul  of  British  consumer  law  as  we  know  it,  and  the  biggest  revision  in  over  three  decades.  Most  of  the  rules  and  regulations  hope  to  simplify  and  clarify  rights  of  the  consumer  in  the  advent  of  the  digital  age.  Specifically,  key  philosophical  shifts  are  taking  place  in  how  to  think  of  digital  content  (  as  a  good  rather  than  as  a  service),  how  to  deal  with  defective  services  (more  laws  requiring  re-­‐performance,  price  reductions,  and  full  refunds).  

 Many  of  the  changes  are  welcome  in  the  business  community  among  those  who  know  what  the  laws  stipulate–many  changes  are  in  fact  seen  as  long  overdue–but  they  will  also  burden  companies  with  supplementary  training  needs,  higher  costs,  and  further  administrative  burden.  Now  more  than  ever  it’s  vital  that  UK  companies  develop  expertise  (or  hire  an  outside  business  law  expert  such  as  myself)  to  make  sure  everything  is  being  done  by  the  book.      Christopher  Wakem  is  a  London-­‐based  legal  consultant/contractor  who  has  worked  in  the  independent  bar,  private  practice,  and  in-­‐house  sectors.  He  has  obtained  law  degrees  from  the  University  of  Sheffield  and  University  College.  Mr.  Wakem  has  provide  advice  in  a  wide  array  of  matters,  both  contentious  and  non-­‐contentious,  through  his  company  Lightbringer  Solutions  Ltd.  Chris  has  helped  companies  large  and  small  establish  risk  management  policies,  develop  start-­‐up  procedures,  negotiate  framework  agreements,  secure  insurance  coverage,  and  deal  with  Anti-­‐Money-­‐Laundering  and  Anti-­‐Bribery  and  corruption  matters.