On 24 June 2026, the Financial Conduct Authority (FCA) updated its webpage setting out information for motor finance firms. The FCA highlighted that it is
On 24 June 2026, the Financial Conduct Authority (FCA) updated its webpage setting out information for motor finance firms.
The FCA highlighted that it is aware that there is some uncertainty around requirements under the scheme while legal proceedings are ongoing.
Finaly, the FCA also sets out that it will keep this under review as the Tribunal timetable becomes clearer and engage with lenders and consumer groups on whether any further consumer communications or information on scheme preparations or contingency planning may be appropriate.
Disclaimer
This article is intended for general information purposes only and does not constitute legal advice. For advice specific to your situation, please contact our team at T & M Legis for a consultation with our Legal Experts.
