Compliance & risk management - Page 9
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New car retailer banned by FCA as he's unfit to carry out F&I activity
A director of new car brokerage in the north east of England has been banned by the Financial Conduct Authority from carrying out any regulated consumer finance or insurance activities because it has deemed him to be "not a fit and proper person".
Raid on independent garage helps police disrupt organised crime group
A police raid on an independent dealership and garage in the Midlands has led police to believe they have disrupted a "serious organised crime group" which was ringing valuable high performance cars.
Car collection drivers to battle BCA for employee status
Two in three of the self-employed drivers who collect and deliver cars for remarketing giant BCA are battling to win a "employee" legal status that would give them better rights such as the national minimum wage.
(UPDATED) No new incentives, but UK is "committed to keeping transition to EV affordable"
The UK Government has reiterated it is "committed to keeping the transition to electric vehicles affordable" in a response to members of the House of Lords who have been urging it to do more to ease motorists concerns about a future driving EVs to reduce tailpipe emissions.