The Financial Conduct Authority has confirmed it will resume handling motor finance complaints on 31 May 2026, bringing an end to a pause that will have lasted nearly two years.
The Financial Conduct Authority has confirmed it will resume handling motor finance complaints on 31 May 2026, bringing an end to a pause that will have lasted nearly two years.
The Financial Conduct Authority (FCA) has unveiled long-awaited plans for a compensation scheme for motorists who bought cars through discretionary commission arrangements (DCAs) between 2007 and 2024, following one of
Millions of Drivers Could Receive Payouts from £18bn Car Finance Compensation Scheme
Millions of UK drivers will not receive compensation after the Supreme Court ruled against claims of mis-sold car finance, in a landmark judgment that shields major banks from potentially £44
Banks may be required to identify victims and issue compensation automatically, eliminating the need for claims.