Understanding FCA Authorisation for Motor Dealers: Full vs. Limited Permission
FCA authorisation is essential for businesses that offer consumer credit or provide financial services. However, not all motor dealers require the same level of authorisation.
Pros and Cons of Using Third-Party Compliance for Legislation Compliance
In this article, we explore the pros and cons of using third-party compliance for legislation compliance, enabling businesses to make informed decisions about their compliance strategies.
Navigating the Consumer Duty Legislation: A Consultative Perspective
This legislation aims to enhance consumer rights, establish greater transparency, and promote responsible business practices.
Navigating FCA Rules for the Sale of Guaranteed Asset Protection (GAP) Insurance: A Consultative Overview
In this article, we will explore the Financial Conduct Authority (FCA) rules pertaining to the sale of Guaranteed Asset Protection (GAP) insurance.
Understanding the Costs Involved in FCA Authorisation
One of the FCA Authorisation Process key responsibilities is to ensure that firms operate in a way that protects consumers
How to be GDPR compliant if handling personal information
As a seller of regulated products you must ensure you are providing fair and transparent services to your customers
The FCA regulations when selling finance and general insurance
As a seller of regulated products you must ensure you are providing fair and transparent services to your customers
The dangers of not complying with the FCA in the motor industry
Compliance with the FCA is essential for businesses operating in the motor industry. Failure to comply can have serious consequences
The requirement & benefits of Continuing Professional Development (CPD) & eLearning
Continuing Professional Development (CPD) and eLearning are essential components of personal and professional growth in the modern workforce. With the pace of technological advancement and the evolution of new trends and practices, CPD and eLearning have become an integral part of career development for individuals and organisations alike. In this article, we will explore the […]
What are the compliance rules for motor dealers
As a motor dealer, it is essential to understand and comply with the various rules and regulations that govern the industry; the FCA. Failure to comply with these regulations can result in fines, legal action, and damage to your reputation. In this article, we will explore the compliance rules for motor dealers and how you […]
Why is compliance important in the automotive finance industry?
The automotive finance industry is a critical part of the economy that helps millions of people purchase vehicles each year. This industry involves many complex regulations that must be followed to ensure consumer protection and industry stability. Compliance is a crucial component of this industry, and it is essential to understand why it is so […]
Do Car Dealers Need to be FCA Approved?
There are approximately 4,500 UK franchised car dealerships in the United Kingdom. As the industry continues to pick itself up from the effects of the COVID-19 pandemic, it is essential to ensure car dealer compliance with FCA (Financial Conduct Authority). If you own and operate a car dealership in the UK, it is crucial that you understand […]
Rules & Outcome Consumer Duty
PURPOSE The FCA have released their final Consumer Duty rules. This is where the work begins! We have been discussing with firms assessing possible areas of their business that could be impacted by Consumer Duty. Now that we know the final rules, we can support you with the implementation and changes required. The purpose of […]
Vehicle Insurance Products – we’ve got you covered
Making insurance easy and straightforward for our customers is what our Partner company Assurity Solutions is all about. At a time when regulation is at its most strenuous and tightened, it is vital that firms make the right choice when it comes to their choice of insurer. Over the last few years, the FCA have […]
Non-Insured vehicle ancillary products
The FCA (Financial Conduct Authority) has set out its expectations regarding the distribution of insurance products. Details of their expectations can be found by reviewing the FG 19/5 The GI distribution chain: Guidance for insurance product manufacturers and distributors and the FG19/2 Senior Managers and Certification Regime: Guidance on statements of responsibilities and Responsibilities Maps […]
Commission disclosure in consumer credit markets
The Financial Conduct Authority (FCA) has stressed the importance of transparency regarding consumer credit. The regulator published their final findings on motor finance back in March 2019 and their consultation paper on motor finance discretionary commission models and consumer credit commission disclosure in October 2019. These were prompted by a material rise in consumer credit, […]
- « Previous
- 1
- 2
- 3
- Next »
