Technical
Your guide to this week in regulation
Stay up to date with our latest round up of financial regulation.
Motor finance: Going concern when the redress bill is unknown
The partial suspension of the FCA’s redress scheme has not reduced the risk facing motor finance firms. It has extended the timeline, which will leave the outcome unresolved when the next accounts are signed and funding lines come up for renewal. We look at what this means for going concern assessments, access to funding and the actions boards should take now.
