The UK Financial Conduct Authority (FCA) has published a statement informing firms, consumers and stakeholders of next steps in its review of the past use of motor finance discretionary commission ...

Millions of drivers set to get long-awaited motor finance compensation payouts this year - People would be informed within ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

FirstRand Ltd. said the fate of its UK unit remains in the balance as it awaits a final ruling over the amount of compensation banks have to pay to consumers over claims they were missold car loans.

The U.K. Financial Conduct Authority has published a consultation on further temporary changes to handling rules for motor finance complaints. The FCA explains that following the Court of Appeal's ...

LONDON, Dec 19 (Reuters) - The Financial Conduct Authority (FCA) is giving customers who struck historic finance deals to lease motor vehicles additional time to complain about commission payments, ...

The UK’s financial watchdog sought to rein in the spiraling motor finance saga, saying at the start of a closely-watched Supreme Court hearing that a previous ruling on compensation “goes too far.” At ...

LONDON, Oct 15 (Reuters) - Barclays (BARC.L), opens new tab on Tuesday asked London's High Court to overturn a key ruling on motor finance commission in a case expected to affect a potential billion ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s main financial regulator plans to cut up to £1bn from the compensation owed by carmakers over their in ...

Shares in Lloyds Banking Group and Close Brothers are expected to rally as markets open on Monday after the Supreme Court’s landmark motor finance ruling last week. Analysts at Jefferies said Lloyds ...