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.
Episode 66
Court of Appeal ruling on motor finance commission
David Morrey and Paul Garbutt discuss the recent Court of Appeal decision regarding motor finance complaints, which requires greater disclosure of commissions paid to brokers and explicit consent from borrowers.
Contents
This decision has significant implications for the industry, extending beyond regulatory requirements to contract law. During the episode we cover judgement overview, disclosure requirements, industry impact, implications for lending contracts and industry reaction, and risk mitigation.
Subscribe to the series today:
Spotify Amazon Apple
Get the latest insights, events and guidance for financial services professionals, straight to your inbox.
Host
-
David Morrey I am a partner in our Financial Services Regulatory Advisory practice where I help clients dealing with the challenges of current regulation or emerging requirements.View Profile
Read our related insights, reports and more
Nested Financial Crime Risks in Correspondent Banking
VideoNested relationships in correspondent banking can expose firms to hidden financial crime risks. Learn how to improve oversight, transparency and monitoring.
Your guide to this week in regulation
TechnicalStay up to date with our latest round up of financial regulation.