CCTA Roundtable: Motor Finance - CCTA

The impact of legal challenges to the FCA’s commission redress scheme continue to create uncertainty for firms and consumers. Further industry developments, such as the Angel vs Black Horse decision and FOS losing a court case against four banks around limitation jurisdiction, further complicate redress matters. In addition, due to the legal challenges and order of the Upper Tribunal, the FCA recently announced a suspension on elements of its own scheme.

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