Against the backdrop of significant growth in the uptake of consumer motor finance, the Financial Conduct Authority (FCA) announced in its Annual Business Plan its intention to look at the motor finance market. The FCA’s intended outcome from this work is to ‘ensure the appropriate degree of protection for consumers’.

In June 2017, the BVRLA established a Motor Finance Taskforce with the intention of developing a proactive industry response to the FCA’s work in this area, including developing an improvement programme offering a clear differentiator to the membership.


Source: BVRLA News feed

Against the backdrop of significant growth in the uptake of consumer motor finance, the Financial Conduct Authority (FCA) announced in its Annual Business Plan its intention to look at the motor finance market. The FCA’s intended outcome from this work is to ‘ensure the appropriate degree of protection for consumers’.

In June 2017, the BVRLA established a Motor Finance Taskforce with the intention of developing a proactive industry response to the FCA’s work in this area, including developing an improvement programme offering a clear differentiator to the membership.


Motor Finance Taskforce Update
Motor Finance Taskforce Update
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