The Financial Conduct Authority has today published its response to the recent consultation on Motor finance discretionary commission models and consumer credit commission disclosure.
The BVRLA is reminding members of the need to be clear when referencing FCA-regulation in financial promotions, particularly when conducting a mixture of regulated and non-regulated business.
To ensure FCA-compliance, leasing brokers and other regulated firms must be able to show how they conduct business with their customers in a sales process document.
The Financial Conduct Authority has published its Approach to Authorisation, outlining the purpose of authorisation and the FCA’s approach when determining whether an individual or firm meets the eligibility criteria to be authorised.
The Financial Conduct Authority has responded to the Treasury Select Committee’s request to provide its assessment of the impact of the UK’s exit from the EU, considering a range of possible scenarios.
The BVRLA has been strengthening its relationships with the Financial Ombudsman Service (FOS) as the two recognise the benefits of sharing insights and intelligence.