285 Results found.

What the FCA motor finance redress scheme update means for lenders

Insight — 13/05/26
The FCA has issued its latest update to motor finance firms and lenders following legal challenges to its proposed motor finance redress scheme. The regulator continues to iterate that the scheme is its preferred way of delivering redress to the millions of customers potentially affected. Ho

Motor finance redress scheme meets resistance

Insight — 07/05/26
The FCA has confirmed its proposed motor finance redress scheme is now subject to legal challenge. The regulator confirmed it has received four claims; one from Consumer Voice represented by Courmacs Legal Ltd and three from lenders including Volkswagen Financial Services, Mercedes Benz Financ

FCA’s final motor finance redress scheme: What lenders need to do now

Insight — 31/03/26
FCA's final motor finance redress scheme: What has changed and what lenders need to do nowThe FCA announced the redress scheme and compensation details On 30 March 2026, the FCA published its final motor finance consumer redress scheme – the largest structured redress exercise the U

FCA announced Motor Finance consumer redress scheme

Insight — 30/03/26
The Financial Conduct Authority (FCA) has confirmed it will introduce an industry-wide compensation scheme for millions of motor finance customers who were treated unfairly. The decision follows evidence that many firms failed to comply with legal and regulatory requirements, particularly by not pro

Five priorities for managing non-financial misconduct risk

Insight — 26/03/26
The recent release from the FCA on non-financial misconduct highlights a critical shift in regulatory expectations. As firms strive to align their cultures and governance with these new standards, understanding the FCA's guidelines is essential to fostering a compliant, ethical workplace.What firms

Motor finance redress: the clock starts Monday

Insight — 25/03/26
The FCA will set out its approach on motor finance redress shortly after markets close on Monday 30th March 2026, having consulted on a compensation scheme in October 2025. For motor finance creditors, this is not the end of a long process, it is the starting gun on one of the most operationally dem

FCA motor finance redress scheme announcement coming next Monday (30th March)

Insight — 24/03/26
The FCA will publish the final details of its motor finance redress scheme shortly after markets close on Monday 30th March 2026, it has announced today. This marks a critical moment for the motor finance sector, bringing clarity to a programme that has been closely watched since the initial con

UK FinTech Awards Finalist RegTech of the Year 2026

Insight — 05/03/26
We’re proud to announce that Recordsure + TCC have been named finalists for RegTech of the Year by the prestigious UK FinTech Awards. The nomination recognises the powerful combination of AI-driven compliance technology and deep regulatory expertise that is helping financial services f

Motor finance consumer redress scheme implementation expectations

Insight — 05/03/26
The FCA has announced that if a motor finance consumer redress scheme (CRS) is implemented following the end of the consultation period this month, it will include an implementation period. The implementation period will likely be three months, extending up to five months for older agreemen

Watch on-demand: Sessions with our compliance experts

Insight — 21/01/26
The best of our online sessions with experts All our online sessions in one place - all you need to know about the latest changes in the regulatory landscape, top tips and best practice for financial services firms.  https://vimeo.com/1161822264 Balancing commercial ambition with regulatory discip