The cultural shift among mortgage lenders is on-going as the industry grapples with new regulations which place customers at the top of the agenda, according to Grant Thornton director for banking and mortgages Tony Moroney.
Automotive Compliance, the appointed representative (AR) network working within general insurance meditation specifically for the motor industry, has been confirmed by the Financial Conduct Authority (FCA) as a principal firm for consumer credit.
Dealers who want to lead the consumer-focused cultural change the Financial Conduct Authority (FCA) era is hailing in F&I product sales will need to consider employing a compliance manager, F&I expert Adrian Foster predicted.
Dealers should embrace the new era of the Financial Conduct Authority (FCA) or risk the imposition of a stricter structure which other industry sectors have been forced to adopt, delegates at AM’s new F&I Compliance Conference will be told.
The full webinar entailing a presentation by Alphera's FCA readiness manager Martin Parr on the key interpretations of the Financial Conduct Authority's new consumer credit regime and a Q&A, is now available to view, together with slides.
With the Financial Conduct Authority’s interim period coming to an end, AM has launched its very first Finance and Insurance Compliance Conference to provide dealers with the detail they need to continue to meet the FCA guidelines in every aspect of their business.