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Statute of Frauds 1677: Fundamental legislation requiring guarantees to be made in writing and signed to be legally enforceable

Consumer Credit Act 1974: Regulates consumer credit agreements and associated guarantees, providing protection for consumers and requirements for lenders

Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK, including banking activities and consumer protection

Unfair Contract Terms Act 1977: Controls the use of unfair terms in contracts, particularly relevant for guarantor agreements to ensure fairness

Consumer Rights Act 2015: Protects consumer rights and applies when the guarantor is acting as a consumer rather than in a business capacity

FCA Regulations: Financial Conduct Authority's regulatory framework governing financial institutions and their practices in dealing with customers and guarantors

Consumer Credit Sourcebook (CONC): Detailed regulations from the FCA specifically relating to consumer credit activities including guarantor arrangements

Banking Code of Practice: Industry guidelines and standards for banking practices including treatment of guarantors

Common Law Contract Principles: Established legal principles regarding contract formation, undue influence, misrepresentation, and capacity to contract

Money Laundering Regulations 2017: Requirements for financial institutions to verify identity and source of funds, applicable to guarantor arrangements

UK GDPR and Data Protection Act 2018: Regulations governing the handling and protection of personal data in guarantor arrangements

Financial Services (Banking Reform) Act 2013: Legislation implementing structural and operational reforms in the banking sector, affecting how banks handle guarantees