Regulatory News:
23 October 2025

Published 23 October 2025

This week, the FCA responded to the Government’s decision on reforming anti-money laundering and counter-terrorism financing supervision. The regulator has also given evidence to the House of Lords Industry and Regulators Committee as part of its inquiry into how regulators engage with the industries they oversee. The Government has announced plans to strengthen oversight and accountability across the UK’s regulators.

CCTA reflects: FCA motor finance consultation and potential impact

Published 22 October 2025

Smaller motor finance lenders are facing the toughest test in years. The FCA’s proposed motor finance redress scheme will reach back almost two decades, affecting millions of old agreements. What I am hearing from many smaller motor lenders is that the number of eligible compensation cases might be very low, but the costs of the scheme could be very high.

Regulatory News:
15 October 2025

Published 15 October 2025

This week, the FCA announced a partnership to accelerate the delivery of open finance. The regulator also published minutes from a board meeting held on 31 July. A recording of the FCA’s Annual Public Meeting is now also available to view online.

Regulatory News:
8 October 2025

Published 08 October 2025

This week, the FCA published its consultation on an industry wide redress scheme to compensate motor finance customers. The regulator has also commissioned research on the current state of open banking services, to shape the UK’s open finance strategy.

FCA Consultation: Motor finance commission complaints

Published 07 October 2025

Today, the FCA has published its long-awaited consultation on a proposed redress scheme for motor finance commission complaints. At the recent CCTA Annual Conference, the FCA confirmed that the consultation would launch this week – and it’s now live.

CCTA 2025 Annual Conference: Event overview

Published 05 October 2025

It’s been one week since the CCTA Annual Conference – and what an invigorating, insight-packed day it was. A huge thank you to the sponsors, speakers, and all the delegates who made it such a compelling event.

Regulatory News:
2 October 2025

Published 02 October 2025

This week, the FCA The set out its Consumer Duty priorities for 2025/26 and delivered a speech on Consumer Duty and good outcomes. The Bank of England published it August statistics. The Money Charity published its September figures and the FOS published it latest edition of Ombudsman News.

Regulatory News:
24 September 2025

Published 24 September 2025

This week saw the publication of three different speeches from the Financial Conduct Authority.

Finding the balance: FOS redress reform that is fair, predictable, and sustainable

Published 23 September 2025

Reform of the financial redress system is long overdue. It is something that the CCTA has campaigned for over the years. We are pleased to see progress and plans for further changes. However, if change is to last, it must be sustainable for all types of firms. One that also balances the interests of consumers and firms. For the industry, this means designing rules that not only suit the very largest, but also reflect the pressures faced by smaller lenders.

Reforming the redress system: CCTA Thoughts

Published 23 September 2025

Reform of the financial redress system is long overdue. It is something that the CCTA has campaigned for over the years. We are pleased to see progress and plans for further changes. Some of which we will be discussing next week at the CCTA Conference. However, if change is to last, it must be sustainable for all types of firms. One that also balances the interests of consumers and firms. For the industry, this means designing rules that not only suit the very largest, but also reflect the pressures faced by smaller lenders.

Regulatory News:
16 September 2025

Published 16 September 2025

This week, the FCA launched a £1 million awareness campaign relating to the motor finance compensation scheme. The regulator also delivered a speech at the 1LoD Financial Crime Summit. The FCA also shared examples of good practice and areas for improvement in relation to authorisation and registration applications. 

Regulatory News:
12 August 2025

Published 12 August 2025

This week, HM Treasury set out the government’s overall policy approach for regulation of Appointed Representatives carrying on regulated financial services activity in the UK. The FCA also warned consumers about car finance scams that are currently active.