Resource Library

Commissions Disclosure and its impact on members will be the focal point of a keynote presentation from Wayne Gibbard of Shoosmiths at the upcoming Compliance Forum, taking place at Shoosmiths in London on 28 May.

Following the conclusion of the recent Supreme Court hearing on motor finance - the ‘Hopcraft appeal’ - the BVRLA’s Legal and Membership Director, Shashi Maharaj, has recorded this podcast highlighting key themes and areas of focus. He attended the hearing online each day and has shared insights most relevant to members.

Following the conclusion of the recent Supreme Court hearing on motor finance - the ‘Hopcraft appeal’ - the BVRLA’s Legal and Membership Director, Shashi Maharaj, has recorded a podcast highlighting key themes and areas of focus. He attended the hearing online each day and has shared insights most relevant to members.

The BVRLA’s Legal and Membership Director Shashi Maharaj attended the Supreme Court hearing on motor finance last week. Here, he summarises each days’ proceedings.

Toby Poston, BVRLA Chief Executive comments: Much of the motor finance industry’s attention rests on Lord Reed, Lord Hodge, Lord Lloyd-Jones, Lord Briggs and Lord Hamblen this week.  

The Supreme Court’s hearing on the motor finance judgment from October is taking place next week. The appeal will run from 1-3 April with a ruling expected in the weeks that follow. The case and its ongoing impact on the sector will lead the agenda of the first Compliance Forum of 2025, taking place on 28 May.

The Financial Conduct Authority (FCA) has published examples of Good and Poor Practice for supporting customers in vulnerable circumstances, as part of its Vulnerability Review. The output outlines some specific examples for members to apply to their businesses.

The BVRLA’s Legal and Membership Director Shashi Maharaj recently represented the BVRLA at the Lex Autolease Conference, where the association engaged directly with brokers on key compliance and regulatory challenges.

The BVRLA’s inspection partners have started contacting members to book their slots for 2025.

The Supreme Court has confirmed who will be able to make a formal intervention as part of a motor finance appeal case, which is set for April. The case will hear an appeal by finance firms after the Court of Appeal Commission Disclosure ruling in favour of the customers in October last year.

Members are advised to check they have adequate Financial Conduct Authority (FCA) permissions for the activities undertaken, and cancel any not being used to avoid fines.

The Chartered Trading Standards Institute (CTSI) has concluded that the BVRLA and European Car Rental Conciliation Service (ECRCS) provide an effective, and in some areas best practice, alternative dispute resolution (ADR) service. The conclusion comes as a result of an audit of the BVRLA in December 2024.