Insurers are in the Financial Conduct Authority's sights as it brings in new steps to stop consumers being penalised for loyalty to their motor insurers.
MotoNovo has urged dealers to ‘be prepared’ for car buyers' greater levels of interest in a dealer’s finance commission.
The UK Government is set to start the process this year of determining its minimum zero emission distance for hybrid cars on sale after 2030, in its delivery plan.
The FCA is replacing its Gabriel regulatory reporting system with RegData starting from October 17 and 18.
The Financial Conduct Authority (FCA) has confirmed its move to ban all discretionary commission models in motor finance to save car buyers £165 miilion-per-year and eliminate “conflicts of interest” in the sector.
Cash-strapped motor finance customers can ask for a second three-month freeze or cut on their monthly payments that could last into 2021, the Financial Conduct Authority has confirmed.
The value of fines imposed by the Financial Conduct Authority in 2018/19 increased threefold in 2018/19 compared to the prior year.
The Financial Conduct Authority is freeing consumers from full back-dated interest charges when they partly pay amounts owed under ‘buy now, pay later’ (BNPL) finance deals.
The FCA took over the regulation of consumer credit in April 2014. What’s happened since?
GAP and motor-related insurance providers have been identified by the FCA as among principal firms failing to properly supervise appointed representatives.
The Financial Conduct Authority has fired a warning shot for general insurance firms acting as principals for appointed reps, after it found shortcomings.
The UK automotive industry will struggle to prepare for new General Data Protection Regulation (GDPR) due to a lack of consultancy services.
James Tew, Ivendi chief executive, believes the industry needs to be offering more choice for motor finance at point of sale to avoid further FCA regulation.
