Discretionary commission arrangements (DCAs) in motor finance have been a hot topic for some time, first coming to the FCA's attention in 2017/18 during its investigations into vehicle finance. The ...
The City regulator is launching a £1m campaign to raise awareness over motor finance compensation, after warning that payouts relating to the scandal could reach £18bn. The Financial Conduct Authority ...
A compensation scheme over car finance mis-selling has been proposed by the financial regulator. It comes after a Supreme Court ruling on Friday, that sided with finance companies in two out of three ...
The UK Supreme Court is reviewing commission payments in motor finance, focusing on lenders' liability where commissions are undisclosed or partly disclosed. While Irish rules already ban DCAs, the ...
A ruling by the UK's most senior judges later could pave the way for millions of motorists to claim compensation for motor finance mis-selling. The Supreme Court will decide whether or not to uphold ...