Keep up to date with the latest news from the BVRLA. You can browse our complete collection of articles below.
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BVRLA response to consultation on competition and consumer policy
The Department for Business, Energy & Industrial Strategy has consulted on reforms to the current competition regime in the UK in order to increase healthy competition in markets and better consumer rights protection.
BVRLA consultation response on the new Consumer Duty
The Financial Conduct Authority has consulted on a proposed new Consumer Duty which aims to increase the level of protection for consumers during all stages of a products lifecycle.
Leasing industry continues to adapt as it prepares for the ‘Next Normal’
The vehicle leasing industry is braced for yet more challenges as the most turbulent year imaginable comes to an end.
FCA consults on treatment of vulnerable customers
The Financial Conduct Authority is consulting on draft guidance intended to bring about a shift in behaviour that places the fair treatment of vulnerable customers at the heart of company culture.
FCA seeks members’ views on forbearance
The Financial Conduct Authority is seeking BVRLA members’ views on the ongoing support for consumers affected by coronavirus with reference to consumer credit, including motor finance.
Webinar: Motor Finance Forbearance
Earlier today, 50 people from across 29 BVRLA member organisations tuned in to the association’s Motor Finance Forbearance webinar.
Motor Finance Forbearance
On this 60-minute webinar the BVRLA team and Jo Davis, Locke Lord will summarise the main key area's of implementing the FCA’s temporary guidance for motor finance firms.
FCA and government must work together on motor finance
The BVRLA has urged the Financial Conduct Authority to work with its colleagues in government to ensure all motor finance customers get the appropriate support during the COVID-19 crisis.
Webinar: Motor Finance forbearance during the Covid crisis
The BVRLA is hosting a free hour-long webinar for members on 28 April at 10:30am
Financial Conduct Authority writes to motor finance providers
The FCA has written to the CEO’s of regulated firms who offer motor finance highlighting what they consider to be the key risks motor finance providers could pose to their customers and markets in which they operate.
Consultation response to FCA: Discretionary commission
The BVRLA has responded to the Financial Conduct Authority’s consultation which sets outs its plans to update the commission disclosure rules banning discretionary commission arrangements for credit sale products.