Financial Services Risk and Regulation Unravelled Podcast Episode 83 | Regulatory update: Motor finance redress
In this episode, David Morrey and Ben Farmer dive into latest developments on motor finance compensation claims, including the Financial Conduct Authority’s (FCA):
- new awareness campaign
- regulatory actions against misleading advertising by claims management companies (CMCs)
- details of the proposed redress scheme for motor finance agreements dating back to 2007.
Listen to unpack the scheme’s opt-in process, eligibility criteria, potential legal challenges, and the broader implications for firms and consumers.
David and Ben also touch on the FCA's consultation on fund tokenisation, the move to T+1 settlement for investment instruments, and recent survey findings on industry satisfaction.
The episode wraps with updates on regulatory reporting changes and a look ahead to what’s next in the world of financial services regulation.
Discover more on the FCA consultation and industry implications following motor finance redress scheme, Motor Finance Redress Scheme: FCA Consultation and Industry Implications | Grant Thornton