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.
The Financial Conduct Authority (FCA) will release the final version of its new handbook in September 2025, with a BETA version currently available to access for testing.
Lawyers Shoosmiths has published an article which outlines why motor finance firms should act now to prepare for a potential Financial Conduct Authority (FCA)-mandated redress scheme, following the impending Supreme Court ruling on historic commission arrangements.
The BVRLA has published an updated edition of its Light Commercial Vehicle (LCV) Fair Wear and Tear Guide, providing clearer standards and guidance for managing vans through to time of return.