FCA to publish its motor finance redress scheme, marking a key moment for dealers and lenders ahead of compensation rollout.

Financial Conduct Authority has confirmed a £7.5bn motor finance redress scheme, with 12.1 million agreements now eligible ...

A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission ...

The Financial Conduct Authority drops its motor finance redress strategy March 30 after markets close. The announcement caps ...

The chief executive of the Financial Conduct Authority (FCA) has said the body recognises the record keeping challenge for some firms that could be involved in a potential motor finance redress scheme ...

With the FCA’s ongoing investigation into Discretionary Commission Arrangements (DCAs) and pivotal updates expected in May 2025, a recent Court of Appeal ruling has further shifted the balance in ...

LONDON, Oct 23 (Reuters) - Lloyds Banking Group's (LLOY.L), opens new tab third-quarter profit fell by 36%, it said on Thursday, and it downgraded its performance guidance for the year to reflect an ...

FCA extends consultation to December 12 Final rules expected next February or March Industry called for more time to analyse market data Critics say proposed scheme too broad Nov 5 (Reuters) - Britain ...

Carmakers including Honda and BMW have temporarily halted sales to customers in recent days as the industry grapples with a motor finance scandal that lawyers have warned will be “bigger than PPI”.