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The BVRLA has responded to the Financial Conduct Authority’s consultation on its updated guidance to support motor finance customers facing payment difficulties as a result of Covid-19.

The Financial Conduct Authority is preparing to gradually move firms across to its new data collection platform, RegData, which will replace the Gabriel system.

Having completed the BVRLA’s new SM&CR five-step Development Programme, the first cohort of delegates have been keen to heap praise on the effectiveness of the training. 

The Financial Conduct Authority has published guidance on a new framework to help financial services firms ensure they have adequate financial resources. 

The Financial Conduct Authority is warning of unscrupulous fraudsters contacting people and firms through emails, letters and on the phone, claiming to be from the FCA. 

Those subscribing to the BVRLA e-learning Essentials Package can now access a brand-new Financial Crime Prevention module as part of the subscription, at no extra cost. 

The BVRLA is providing a comprehensive SM&CR Development Programme to support regulated members with the implementation of the FCA’s Senior Manager and Certification Regime. 

Earlier today, 50 people from across 29 BVRLA member organisations tuned in to the association’s Motor Finance Forbearance webinar. 

The BVRLA is hosting a free hour-long webinar for members on 28 April at 10:30am  

The FCA has warned people to be alert to a potential surge in Coronavirus-related scams.

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.