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In this episode, Emma Radmore and Stephen Wilson delve into the FCA's latest consultation on a redress scheme for motor finance commissions. They explore the scope of the scheme, the criteria for unfair agreements, and the potential impact on consumers and lenders. With an estimated £8.2 billion in total redress, this discussion sheds light on the complexities and responsibilities involved in ensuring fair treatment for consumers. Check out our previous episodes on this topic here.
By Womble Bond Dickinson (UK) LLPIn this episode, Emma Radmore and Stephen Wilson delve into the FCA's latest consultation on a redress scheme for motor finance commissions. They explore the scope of the scheme, the criteria for unfair agreements, and the potential impact on consumers and lenders. With an estimated £8.2 billion in total redress, this discussion sheds light on the complexities and responsibilities involved in ensuring fair treatment for consumers. Check out our previous episodes on this topic here.