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FCA publishes consultations on assessing creditworthiness and staff remuneration

FCA publishes consultations on assessing creditworthiness and staff remuneration

29 August 2017

Long awaited FCA reports and follow up consultations on assessing creditworthiness and staff incentives and remuneration have been published.

FLA and UK Cards Association publish further Vulnerability Guidance

FLA and UK Cards Association publish further Vulnerability Guidance

29 August 2017

A new publication providing guidance for lending to vulnerable customers has been published by the FLA and UK Cards Association.

Under the spotlight: Product suitability – ensuring the customer gets the right finance product

Under the spotlight: Product suitability – ensuring the customer gets the right finance product

29 August 2017

One of the main areas the FCA will be assessing as part of its motor finance work is whether consumers are getting the finance product that best suits their circumstances. With a number of different options available, establishing the right product is a key responsibility of customer-facing staff.

DVLA to launch new digital driving licence

DVLA to launch new digital driving licence

11 May 2017

In its recent 2017/18 Business Plan, the DVLA confirmed that it will launch a service to allow drivers to view their driving licence on their smart phone.

FCA activity

FCA activity

11 May 2017

An update on the FCA's activity affecting the motor finance and motor retail sectors

FLA and UK Cards Association publish Vulnerability Guidance

FLA and UK Cards Association publish Vulnerability Guidance

11 May 2017

New guidance produced by the FLA and UK Cards Association.

Government approves new Motor Finance Specialist Apprenticeship Standard

Government approves new Motor Finance Specialist Apprenticeship Standard

11 May 2017

Our new apprenticeship standard for motor retailers and finance providers has been approved by the Department for Education and has been published on the GOV.UK website.

Under the spotlight: FLA Standard for the prevention of financial crime

Under the spotlight: FLA Standard for the prevention of financial crime

11 May 2017

Last year, FLA members agreed a new Standard that requires them to identify and verify every customer in a process known as Customer Due Diligence or CDD.

Industry consulted on Motor Finance Specialist Apprenticeship Standard

Industry consulted on Motor Finance Specialist Apprenticeship Standard

26 January 2017

The Finance & Leasing Association (FLA), working alongside employers in a Trailblazer group have developed a Motor Finance Specialist Apprenticeship Standard after receiving approval to do so by the Department for Education.

Reminder of new VED 2017 reporting requirements for motor retailers

Reminder of new VED 2017 reporting requirements for motor retailers

26 January 2017

With new Vehicle Excise Duty (VED) rates due to come into effect (for new cars only) on 1 April, here is a reminder of the key changes:

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