Resource Library

Registrations will shortly close for next week's Leasing Broker Conference. Members wishing to attend the event next Thursday (9 October) need to confirm tickets this week.

The Financial Conduct Authority (FCA) wants to make applications to become FCA authorised quicker and easier for firms.

The Financial Conduct Authority (FCA) is preparing to launch an industry-wide redress scheme aimed at compensating consumers affected by historic unfair motor finance practices. This marks a significant regulatory intervention, with wide-ranging implications for Firms across the sector. While the concept of a redress scheme will be covered in a separate document (link at the bottom of this page), we have asked Luis Hernandez at S&W Partners to prepare some insights which focus on the practicalities, expected scope, and what Firms should be doing now to prepare for the scheme when it comes.

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.

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 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.

The Financial Conduct Authority (FCA) has issued a warning following reports of scammers posing as motor finance lenders and offering non-existent compensation to consumers.

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.

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.