Compliance & risk management - Page 6

Read comprehensive insights and opinions on Compliance & risk management

News

FCA fines NatWest £264.8 million for failed anti money laundering duty

Firms handling large sums of cash have been reminded of their duty to combat money-laundering after NatWest Bank was fined £264.8 million in the Financial Conduct Authority's first criminal prosecution for money laundering failings.

Compliance & risk management 14 Dec

Vauxhall Mokka-E undergoing Thatcham Research Assisted Driving Grading assessment

News

Thatcham Research reveals 'encouraging' assisted driving results

Thatcham Research and Euro NCAP have said they are ‘encouraged’ by the results of their latest Assisted Driving Gradings.

Technology 25 Nov

News

Isuzu UK dealers offer customers free 38-point safety check

Isuzu UK franchised dealers will offer customers free windscreen wipers and a 38-point safety check as part of its new Quick Check programme.

Aftersales 17 Nov

News

Retailers urged to enhance car buyers' unaccompanied test drive experience

PIB Group is urging retailers to enhance the customer experience with unaccompanied test drives, whilst mitigating financial risk.

test drives 17 Sept

News

ATS Euromaster expands mobile van fleet and hires new technicians

Tyre service and maintenance provider, ATS Euromaster, has expanded its mobile van fleet to meet surging demand for mobile servicing.

Aftersales 3 Sept

News

New FCA proposals target more ‘assertive’ decision-making

Faster and more assertive decision making in relation to non-compliance issues are at the heart of a series of changes proposed by the Financial Conduct Authority (FCA).

30 Jul

Feature

Are car retail’s new FCA regulations having the desired effect?

Six months on from the introduction of new Financial Conduct Authority (FCA) regulations, automotive retailers should be starting to see an impact on average commission levels as they adapt to a new way of working.

Finance and insurance 7 Jul

News

Growth in the face of COVID-19 an ‘unexpected positive’, says Alphera boss

A 21% rise in finance applications was not what Alphera Financial Services head Preston Rogers anticipated when he was tackling the fall-out of COVID-19 in 2020 – but that is what the business delivered.

Supplier news 22 Jun

Feature

Regional dealers must make their voices heard

Small regional dealerships should collaborate with others and trade bodies to ensure their opinions are listened to by local and national government

Compliance & risk management 12 May

News

Dealers urged to prepare for car buyers' interest in commission rates

MotoNovo has urged dealers to ‘be prepared’ for car buyers' greater levels of interest in a dealer’s finance commission.

19 Mar

News

Lookers avoids sanctions as FCA closes investigation into ‘possible mis-selling’

The FCA has told Lookers does not intend to apply any sanction against the car retail group following the decision to close its investigation into the ‘possible mis-selling’ of regulated products.

Car dealer news 2 Mar

News

Most dealers feel ready for Jan 28 motor finance changes

Just over half of UK motor retailers believe they’re ready for the changes to motor finance rules which are being brought in on January 28.

6 Jan

Feature

Keeping motor finance safe to trade

In early 2021 the Financial Conduct Authority's ban on discretionary commission in motor finance will kick in. AM examines the impact on motor retailers.

Finance and insurance 24 Dec

accountability stock image held to account

Feature

Dealers get set for disclosure and accountability in motor finance

The Financial Conduct Authority is keen for motor retailers providing consumer credit to be upfront about earning finance commission

Finance and insurance 23 Dec

News

FCA to move from Gabriel to RegData for regulatory reporting

The FCA is replacing its Gabriel regulatory reporting system with RegData starting from October 17 and 18.

15 Oct

Tara Williams, group chief risk and compliance officer at AutoProtect Group and the managing director of i-Comply

News

FCA motor finance changes present ‘promotional and profit opportunity’

Forthcoming Financial Conduct Authority (FCA) changes to the motor finance sector should be embraced as a “promotional and profit opportunity” by used car dealers.

14 Oct

News

FCA’s SM&CR deadline extension must not bring complacency about compliance

Car retailers have been urged not to not put their preparations to comply with the Financial Conduct Authority’s (FCA) Senior Manager Certification Regime (SM&CR) “on the back burner” as a result of the recent deadline extension.

5 Oct

News

Trade Centre UK radio advert banned due to ‘ambiguous’ finance T&Cs

A Trade Centre Group radio advert said to have placed PCP finance terms at the start in an effort for added prominence has been banned by the Advertising Standards Authority (ASA).

23 Sept

News

63% of UK drivers don’t trust in-car infotainment, survey finds

A survey from Rivervale Leasing has found that 63% of drivers do not trust their infotainment system, despite using them almost daily.

22 Sept

News

Car dealers must help mitigate against 'dangerous distraction' of technology

Car retailers should be compelled to familiarise and educate customers with new in-car technology as part of new responsibilities towards road safety, according to IAM Roadsmart.

3 Sept

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Compliance & risk management - Page 6

FCA fines NatWest £264.8 million for failed anti money laundering duty

Thatcham Research reveals 'encouraging' assisted driving results

Isuzu UK dealers offer customers free 38-point safety check

Retailers urged to enhance car buyers' unaccompanied test drive experience

ATS Euromaster expands mobile van fleet and hires new technicians

New FCA proposals target more ‘assertive’ decision-making

Are car retail’s new FCA regulations having the desired effect?

Growth in the face of COVID-19 an ‘unexpected positive’, says Alphera boss

Regional dealers must make their voices heard

Dealers urged to prepare for car buyers' interest in commission rates

Lookers avoids sanctions as FCA closes investigation into ‘possible mis-selling’

Most dealers feel ready for Jan 28 motor finance changes

Keeping motor finance safe to trade

Dealers get set for disclosure and accountability in motor finance

FCA to move from Gabriel to RegData for regulatory reporting

FCA motor finance changes present ‘promotional and profit opportunity’

FCA’s SM&CR deadline extension must not bring complacency about compliance

Trade Centre UK radio advert banned due to ‘ambiguous’ finance T&Cs

63% of UK drivers don’t trust in-car infotainment, survey finds

Car dealers must help mitigate against 'dangerous distraction' of technology

Most read

Mazda UK doubles its new car warranty period

Industry’s relief short-lived as prospect of multi-billion-pound payout returns

All MG dealerships will get its premium IM models, OEM assures franchisees

Compliance & risk management - Page 6

FCA fines NatWest £264.8 million for failed anti money laundering duty

Thatcham Research reveals 'encouraging' assisted driving results

Isuzu UK dealers offer customers free 38-point safety check

Retailers urged to enhance car buyers' unaccompanied test drive experience

ATS Euromaster expands mobile van fleet and hires new technicians

New FCA proposals target more ‘assertive’ decision-making

Are car retail’s new FCA regulations having the desired effect?

Growth in the face of COVID-19 an ‘unexpected positive’, says Alphera boss

Regional dealers must make their voices heard

Dealers urged to prepare for car buyers' interest in commission rates

Lookers avoids sanctions as FCA closes investigation into ‘possible mis-selling’

Most dealers feel ready for Jan 28 motor finance changes

Keeping motor finance safe to trade

Dealers get set for disclosure and accountability in motor finance

FCA to move from Gabriel to RegData for regulatory reporting

FCA motor finance changes present ‘promotional and profit opportunity’

FCA’s SM&CR deadline extension must not bring complacency about compliance

Trade Centre UK radio advert banned due to ‘ambiguous’ finance T&Cs

63% of UK drivers don’t trust in-car infotainment, survey finds

Car dealers must help mitigate against 'dangerous distraction' of technology

Most read

Mazda UK doubles its new car warranty period

Industry’s relief short-lived as prospect of multi-billion-pound payout returns

All MG dealerships will get its premium IM models, OEM assures franchisees

Dealers are not a car buyer's "agent", rules Supreme Court, to industry's relief

We Buy Any Car ads banned over misleading claims of speed and certainty

BYD launches five-year free servicing as EV grant remains unclear

The FCA responds to Supreme Court's decision on car loan commissions

Supreme Court ruling already affecting live motor finance deals, warns iVendi chief

JLR boss to leave without seeing through Jaguar relaunch