Regulatory update: Motor finance redress in limbo
Episode 89Motor finance remediation hits delays as legal challenges stall timelines. FCA outlines next steps, contingency planning, and wider regulatory updates.
The FCA's Consumer Duty regulation sets higher and clearer expectations for financial services firms, requiring them to put customers’ needs first.
As we creep up to the relevant phased deadlines for implementing the regulation, David Morrey and Ben Farmer look at key feedback, including Dear CEO letters for sectors, and multi-firm reviews. David and Ben also discuss financial hot topics, including: Buy Now Pay Later, crypto-consultation, the Financial Services and Markets Bill, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.
Motor finance remediation hits delays as legal challenges stall timelines. FCA outlines next steps, contingency planning, and wider regulatory updates.
Nested relationships in correspondent banking can expose firms to hidden financial crime risks. Learn how to improve oversight, transparency and monitoring.
Stay up to date with our latest round up of financial regulation.