Episode 83 | Regulatory update: Motor finance redress
NOV 7, 202527 MIN
Episode 83 | Regulatory update: Motor finance redress
NOV 7, 202527 MIN
Description
In this episode, David Morrey and Ben Farmer dive into latest developments on motor finance compensation claims, including the Financial Conduct Authority’s (FCA):
new awareness campaign
regulatory actions against misleading advertising by claims management companies (CMCs)
details of the proposed redress scheme for motor finance agreements dating back to 2007.
Listen to unpack the scheme’s opt-in process, eligibility criteria, potential legal challenges, and the broader implications for firms and consumers.
David and Ben also touch on the FCA's consultation on fund tokenisation, the move to T+1 settlement for investment instruments, and recent survey findings on industry satisfaction.
The episode wraps with updates on regulatory reporting changes and a look ahead to what’s next in the world of financial services regulation.
Discover more on the FCA consultation and industry implications following motor finance redress scheme, Motor Finance Redress Scheme: FCA Consultation and Industry Implications | Grant Thornton