Keeping compliant with SAF accreditation

Using the BVRLA’s Specialist Automotive Finance (SAF) e-Learning package, members can refresh knowledge of financial products to ensure their firm’s compliance with motor finance legal and regulatory requirements.

Changes to the Finance & Leasing Association (FLA)'s Lending Code came into effect in January 2023, making it a requirement for FLA members to deal only with SAF-accredited Leasing Brokers and National Franchised Dealerships. According to the FLA's Lending Code, all customer-facing staff selling and advising on consumer vehicle finance must be competent and evidence their competence on an annual basis.

The BVRLA’s SAF e-Learning package is unique to the motor industry as the content focuses on regulatory and leasing products such as Personal Contract Hire, Business Contract Hire and Finance Lease.

Members can upgrade any existing Essentials package to the 'SAF Expert Essentials' accreditation for only £15 +VAT per licence holder.

Email [email protected] to find out more.

BVRLA’s Specialist Automotive Finance (SAF) Expert e-Learning package