FCA warns car finance firms over ‘lost’ data amid £18bn compensation scheme | Motor finance
The Financial Conduct Authority (FCA), the City regulator, has indicated its intent to scrutinize lenders claiming the loss of customer records relating to mis-sold car loans. This action is aimed at ensuring that affected consumers can access a potentially large compensation fund, estimated at £18 billion. The FCA is contemplating whether to extend its redressscheme […]










