FCA boss takes aim at motor finance lenders and claims firms
The boss of the City watchdog has taken a fresh swipe at the parties opposing the regulator’s motor finance redress scheme. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA)…
Read the full articleYou might also wanna read

City regulator urges judges to dismiss larger payout claims in car loans scandal
FCA clashes with consumer group pushing for bigger compensation, alleging lack of transparency and conflict of interest The City regulator i

City regulator urges judges to dismiss larger payout claims in car loans scandal
FCA clashes with consumer group pushing for bigger compensation, alleging lack of transparency and conflict of interest The City regulator i

FCA scrutiny of claims market comes as insurers push back on cost of CMC referrals
The regulator's criticism of claims funders in the £7.5 billion redress scheme mirrors earlier findings on referral fees inflating motor ins
FCA says lenders want to let ‘foxes guard the henhouse’ on car finance
UK regulator alleges in court filing that lenders want to determine own liability for compensation

MGAA honours five MGAs as FCA oversight review puts delegated authority under the microscope
Five MGAs took top honours at this year's ceremony amid the association's chief warning of mounting regulatory scrutiny on delegated authori

FCA review questions regulatory perimeter as AI blurs the line between insurers and tech firms
The FCA-commissioned Mills Review warns AI is challenging the UK's activity-based approach to regulation, prompting calls to ensure consumer

Car finance warning issued as millions of drivers risk losing money from 'misleading' claims
More than 1,200 misleading adverts have been banned in the last two years that could have given drivers false information about the car fina

Comments
Sign in to join the conversation.
No comments yet. Be the first.