Resource Library

The BVRLA’s second Compliance Forum of the year took place earlier this week at Shoosmiths in Birmingham. As ever, the latest changes and developments impacting the regulatory landscape were explored, with a host of expert speakers identifying where technical changes impact BVRLA members and their operations.

Customer expectations in the motor finance sector are shifting rapidly, shaped by an evolving media landscape, wider economic pressures, and high-profile court cases influencing perceptions of how finance is delivered.

A £1 million campaign has been launched to let motor finance customers know they don’t need to use a claims management company (CMC) or law firm to access an industry-wide compensation scheme the regulator is proposing.

The Compliance Forum returns on 15 September, once again hosted by Shoosmiths in Birmingham. Wayne Gibbard, Partner at Shoosmiths, a popular speaker at the Forums, will be presenting the keynote.

The BVRLA has confirmed the headline partner for this October’s Leasing Broker Conference, marking the first time the event has been supported by a vehicle manufacturer. Forming a key part of its UK launch, which officially kicked off in London last week, Chery has outlined its commitment to the leasing broker sector by sponsoring the Conference.

The Government has confirmed its intention to preserve the Appointed Representatives (AR) model, while introducing targeted reforms to strengthen confidence in its use.

The Financial Conduct Authority (FCA) is undergoing a period of active engagement with industry representatives to shape a consultation on a motor finance redress scheme. The redress consultation is due to run from October, with a scheme likely to be in place by early 2026.

This autumn’s BVRLA Leasing Broker Conference (LBC) will bring together some of the most influential voices shaping the regulatory and economic landscape, with senior speakers confirmed from both the Financial Conduct Authority and the Bank of England.

The Supreme Court’s long-awaited ruling on the motor finance case “Hopcraft and another (Respondents) v Close Brothers Limited (Appellant)” was delivered on Friday.

A successful battery electric vehicle (BEV) transition cannot succeed without a thriving, stable second-hand market and right now, that market is under serious pressure.

In the first phase of reforms, the Financial Conduct Authority (FCA) and Bank of England propose to streamline the Senior Managers and Certification Regime (SM&CR).

The Supreme Court is due to publish its long-awaited ruling on the landmark motor finance case this Friday (1 August), with the judgement expected towards the end of the working day. This decision marks a pivotal moment for the automotive finance sector, following months of legal scrutiny and attention.