Preparing for the FCA’s motor finance redress scheme
ArticlePreparing for the FCA’s motor finance redress scheme: why firms should conduct a business health check now.
To keep you abreast of developments in the consumer credit sector, Chris Laverty and Jarred Erceg share our latest report; including a market update and an outlook for the rest of 2024.
Contents
Our April report explains developments in BNPL and shares an in-depth analysis of what the FCA review into historical motor finance discretionary commission arrangements mean for firms. With the potential for an industry-wide consumer redress scheme, we also include practical advice for motor finance firms that may be impacted by the FCA's review and highlight what they should be considering now.
You'll also find an update on key regulatory developments for the sector in 2024.
To find out how our restructuring services can help you, get in touch with our team.
Authors
-
Chris Laverty I am a senior restructuring practitioner working with both public and private boards, lenders/funders to advise and implement financial restructurings.View Profile -
Jarred Erceg I am a Partner in the UK Restructuring team and a qualified insolvency practitioner with over 15 years’ experience delivering restructuring advisory services in Australia and the UK.View Profile
Get the latest insights, events and guidance about financial services restructuring, straight to your inbox.
Read our related insights, reports and more
View more
|
5 min read
|
18 Mar 2026
Recommended changes to insolvency framework for payments firms
ArticleThe special administration regime for payment and e-money institutions must adapt to remain fit for purpose. We look at proposed changes.
|
5 min read
|
23 Feb 2026
FCA confirms targeted support framework under PS25/22
ArticleThe FCA has taken another step forward by confirming the introduction of a targeted support framework and publishing the near final rules in PS25/22.
|
7 min read
|
03 Feb 2026