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 Financial Conduct Authority (FCA) has published its Business Plan for 2023/24. This year the plan has a strong alignment with the FCA’s strategy, focusing on better outcomes for consumers and markets. The regulator will be accelerating its work in four areas over the next year: putting customers’ needs first; preparing financial services for the future; strengthening the UK’s position in wholesale markets; reducing and preventing financial crime.
David Morrey and Ben Farmer delve deeper into the FCA’s priorities and discuss what it means for businesses in the rest of the year and beyond.
Read our insight to uncover what the FCA business plan means for businesses
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.