Four commercial parties have challenged the scheme – Consumer Voice, Volkswagen Financial Services, Mercedes Benz Financial Services, and Crédit Agricole Auto Finance.
Financial Ombudsman Service
The landmark legislation aims to modernize financial services regulation, cut red tape for businesses, and strengthen consumer protections.
Regulatory topics that will have a significant impact on institutions operating in the UK financial services sector this year.
The regulator laid out a five-year strategy aimed at helping consumers make better investment decisions.
Our at-a-glance guide to another week of FCA activity.
House of Lords Financial Regulation Committee says UK regulators could copy the approach taken by Singapore.
Key points for financial services include rationalising FCA/PRA priorities and the role of the FOS; and detailed pledges from regulators to promote growth.
Senior ministers have already hinted at plans to reshape the UK's regulatory landscape.