The Financial Conduct Authority (FCA) has launched a 'Call for Input' on a planned review of retained provisions of the Consumer Credit Act 1974.
To ‘treat customers fairly’, ask if you would be happy with how your dealerships treat your family and friends.
The National Franchised Dealers Association has raised the cost of FCA compliance, an extended MOT testing period and the BIK diesel surcharge with the HM Treasury.
HM Treasury has appointed Andrew Bailey as the new permanent chief executive of the Financial Conduct Authority (FCA).
Close Brothers Motor Finance appoints Luke Sugden as credit risk director as part of a push to boost dealers' FCA compliance and meet consumer expectations.
MotoNovo Finance has launched a new concept in car finance which allows customers to facilitate their own application via an innovative new app.
Close Brothers Motor Finance is calling on dealers to change their attitudes towards industry regulation or face the consequences.
The Financial Conduct Authority (FCA) has proposed mandating new tactics designed to help consumers shop around for insurance.
The FCA is seeking views on whether the level of protection provided to SMEs in its handbook of rules and guidance is “broadly right”.
Tribute was paid to the “energy and resilience” of the car finance sector when Stephen Sklaroff addressed the FLA’s 12th annual Motor Finance Convention.
The Financial Conduct Authority has begun consultation on a raft of changes to PPI complaint handling rules.
Moneyway has confirmed it will start rolling out its product aimed at prime customers at the start of next year after piloting the idea since April.
Miscalculated mileage on finance products and non-maintained contracts could provide claims companies with their next target once the PPI window closes.
Dealers need to tackle the issue of sales commissions and incentives following the pending Financial Conduct Authority (FCA) investigation, dealers will be advised at this year’s AM F&I Compliance Conference next week.
The majority of delegates at the Finance & Leasing Association’s (FLA’s) latest conference (62%) said they felt well prepared for the new FCA regulatory regime.
The variety of interpretations of Financial Conduct Authority (FCA) regulations by the motor industry can be confusing for dealers.
Dealers are likely to experience more intrusive relationships with their finance suppliers under stricter rules made by the Financial Conduct Authority (FCA).
GAP insurance sales were flat in September, according to data from supplier AutoProtect.
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.
iVendi has updated its recently-unveiled online motor finance decisioning tool to make sure it meets new Financial Conduct Authority (FCA) requirements.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues