The BVRLA has hosted its last Leasing Broker Committee of 2019 and on the agenda was a presentation from the Financial Conduct Authority (FCA) on commission models.
The FCA is currently consulting regarding banning commission models that give motor finance brokers/dealers an incentive to raise customers’ interest rates.
An overview of the FCA’s presentation and the questions asked, as well as further information on the FCA consultation, are available on the BVRLA website.
