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Still fuel in the tank of the motor finance commission claims story
The story so far in detail, and the question of whether there is scope for further potential challenges to the redress scheme asked.
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FCA work in review: October 7-14, 2025
Our weekly roundup of the latest news and developments from the FCA.
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FCA announces £8 billion redress scheme for victims of ‘unfair motor loans’
The final figure of around £8.2 billion ($10.99 billion) is less than previous estimates, but good news for around 14 million people.
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FCA’s car finance redress estimates deemed too high
Millions of customers of motor finance schemes are expected to start receiving compensation from banks and lenders next year.
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Legal analysis of key UK Supreme Court ruling on secret commissions
The recent ruling in the motor finance case is important in clarifying the law.
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FCA sets out detail on redress scheme for UK motor finance industry
Up to 14 million people could still be eligible, with costs of up to £18 billion.
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FCA calls for a fair redress scheme in UK motor finance case
Regulator in a difficult position as it tries to strike balance between customer protection and market stability.
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FCA asks banks to prepare for customer redress in motor finance scheme
The UK’s Supreme Court is expected to give a key ruling next month in the motor finance case.