Quadrin’s Regulatory Insights

The FCA, in its recently published consultation: CP19/28 – ‘Motor finance discretionary commission models and consumer credit commission disclosure’, is consulting on proposals to:   Ban commission models that can give brokers and motor dealers an incentive to increase a customer’s interest rate, and Amend parts of its rules and guidance relating to the disclosure…

Quadrin’s Regulatory Insights

GC19/3 (23rd July 2019): Guidance for firms on the fair treatment of vulnerable customers. This is the FCA’s first consultation on draft guidance for firms on the fair treatment of vulnerable customers. The consultation is open until 4th October 2019. A second stage consultation with revised guidance will follow, with final guidance expected in 2020…