Back-up service facilitation: readiness cannot be assumed
ArticleBack-up servicing has moved from a documentation formality to a live risk management issue.
16 Feb 2024 42 min listen

Could the ongoing Financial Conduct Authority (FCA) investigation into the motor finance industry could be as big as the PPI scandal? David Morrey and Ben Farmer discuss the ongoing motor finance market review and what it could mean for the industry. Other developments discussed include: the overseas fund regime, PRA sector priority letters, an update on the Ringfencing Regime review, a near-record fine from the PRA, Labour’s FS policy, and much more.
Read our insight on FCA reviewing historical motor finance discretionary commission arrangements
Back-up servicing has moved from a documentation formality to a live risk management issue.
UK financial services regulation is entering a critical delivery phase, and the sector can't afford to get it wrong. In this episode, Alex Ellerton, Head of Financial Services, and Chris Laverty, Head of Financial Services Restructuring, are joined Bob Wigley, UK Finance Chair, to unpack three of the biggest questions facing UK banking right now.
Stay up to date with our latest round up of financial regulation.