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The BVRLA has produced a new factsheet providing members with advice about how to treat customers in default or arrears who may be experiencing an income reduction.

The Financial Conduct Authority has advised that additional requirements to ensure compliance with the Senior Managers & Certification Regime must be implemented by 9 December 2020.

The BVRLA is reminding members who offer motor finance of the importance of ensuring that all financial promotions are clear, fair and not misleading.

The Financial Conduct Authority (FCA) has today published its annual Sector Views sharing the regulator’s assessment of the risks and potential harm to consumers across financial services markets.

The FCA has written to the CEO’s of regulated firms who offer motor finance highlighting what they consider to be the key risks motor finance providers could pose to their customers and markets in which they operate.

The BVRLA has responded to the Financial Conduct Authority’s consultation which sets outs its plans to update the commission disclosure rules banning discretionary commission arrangements for credit sale products.

The Financial Conduct Authority (FCA) and the Bank of England recently outlined their plans to develop their data and analytics capabilities.

The BVRLA webinar aims to answer questions and take away key points to inform its consultation response to the Financial Conduct Authority, which is consulting on a ban of certain commission arrangements.

The BVRLA has produced a suite of training and guidance to help members build knowledge amongst staff who need to know more about the Senior Managers and Certification Regime (SM&CR).

The BVRLA will be monitoring compliance with the Senior Managers and Certification Regime (SM&CR) as part of its audit programme from January 2020, now that the regime has come into effect.

As the year draws to a close, BVRLA Chief Gerry Keaney shares his views on what has been another year of growth for the association.

There is now less than a week until the implementation of the Senior Managers and Certification Regime (SM&CR) on the 9 December.