Resource Library

Brokers have more opportunities than ever to connect and stay ahead in a rapidly evolving industry, thanks to the BVRLA’s Leasing Broker Conference this October. With the backing of headline sponsor QV Systems, the conference promises a packed agenda of expert speakers, insights, and unparalleled networking.

In the latest BVRLA blog, marking the first full year of the Financial Conduct Authority (FCA)’s Consumer Duty being in place, the association’s Director of Legal and Membership, Shashi Maharaj, shares key themes and observations that BVRLA members need to be aware of.

July 2024 marked the first full year of the FCA’s Consumer Duty being in place. The Duty is fundamentally impacting how many BVRLA members operate and has required not just the introduction of new processes, but a step change in how organisations think and operate. The BVRLA’s Director of Legal and Membership, Shashi Maharaj recently attended the FCA’s “Consumer Duty: One Year On” event. Here, he shares some of the key themes and observations that BVRLA members need to be aware of. 

The Financial Conduct Authority FCA held an event on 31 July 2024 to look at the Consumer Duty one year on.

The BVRLA’s Regulation and Compliance Working Group will be meeting on Thursday 8 August. This meeting will focus on shaping a consultation response to the Financial Conduct Authority (FCA)'s review of Discretionary Commission Arrangement (DCA)s in relation to Motor Finance, and its recent proposal to extend the temporary pause on complaint handling relating to DCAs to December 2025.

The BVRLA’s Leasing Broker Conference is returning to Birmingham this October, bringing more brokers under one roof than ever before. Supported by headline sponsor, QV Systems, the annual conference will again present a blend of unrivalled networking opportunities alongside an agenda of leading speakers and sector experts.

The BVRLA’s Leasing Broker Conference is returning to Birmingham this October, bringing more brokers under one roof than ever before. Supported by headline sponsor, QV Systems, the annual conference will again present a blend of unrivalled networking opportunities alongside an agenda of leading speakers and sector experts.

The Financial Conduct Authority (FCA) is currently reviewing whether motor finance customers have been overcharged because of the past use of discretionary commission arrangements (DCAs).

Members can now access an exclusive checklist to support them in preparing their Consumer Duty board report, which is due later this month. The guidance was launched to delegates at the BVRLA’s recent Compliance Forum, hosted by DWF in London. There, attendees also had the chance to hear about CCA Reform, conduct and culture, vulnerable customers, Consumer Duty and ESG, as well as share insights and find out more about what’s on the horizon.  

We are committed to helping you maintain high standards of conduct and compliance with the Financial Conduct Authority (FCA) regulations. The BVRLA have prepared a Consumer Duty Board Report checklist to guide you in ensuring your business is prepared for the FCA's Consumer Duty requirements.

The BVRLA will welcome Costas Pittas, Head of Consumer Finance Supervision at the Financial Conduct Authority (FCA) as a keynote speaker at the Leasing Broker Conference on 1 October.

The findings of the Financial Conduct Authority’s (FCA) first review of Consumer Duty will be presented as part of an upcoming webinar for regulated firms and trade bodies.