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UK watchdog urges Supreme Court to act
UK watchdog urges Supreme Court to act as $21 billion motor finance scandal looms
Britain's Financial Conduct Authority is pressing the Supreme Court to expedite a decision to permit lenders to appeal a crucial judgment that may pave the way for a multi-billion pound consumer redress scheme linked to motor finance commissions.
UK’s FCA to Ask Top Court to Move Quickly on Motor Finance Cases
The
UK
’s Financial Conduct Authority will write to the Supreme ... Ltd. — because they are set to feed into the FCA’s broader regulatory probe of car
finance
. Both lenders have said they would appeal after losing the cases last month.
UK watchdog to urge Supreme Court to act quickly in car finance mis-selling case
The UK's financial watchdog, the Financial Conduct Authority (FCA), has announced plans to push the Supreme Court for a swift decision on whether lenders can appeal against a landmark ruling concerning car finance commission deals.
U.S. News & World Report
20h
UK Finance Firms Seek 'Bold' Reforms to Counter Wall St Ascendancy
LONDON (Reuters) - Britain's
finance
sector is counting on policymakers to deliver a rulebook revamp that prioritises ...
5h
UK house price growth quickens but budget clouds outlook, RICS survey shows
British house prices rose in October at the fastest pace in more than two years, according to a survey that on Thursday that ...
7h
on MSN
What UK’s climate leadership could look like at Cop29
Keir Starmer arrived at Cop29 aiming to fill the leadership gap at the UN climate summit with an ambitious emissions ...
8h
FCA lifeline for providers in car finance scandal: Watchdog extends deadline for firms to respond to complaints
The Court of Appeal ruled commissions paid between banks and brokers on car deals may be unlawful because they were not ...
1d
Keir Starmer touts UK climate leadership but resists call for more public finance
UK Prime Minister Sir Keir Starmer resisted the call for more public finance to deal with climate change, saying it “on its own will not be enough” and pressed for a greater contribution from the ...
13h
on MSN
Motor finance: The legal battles are only just beginning
The legal troubles for banks and lenders may widen says a lawyer, following the success of the landmark Court of Appeal ...
9d
UK's Conservatives Name New Finance, Foreign Policy Heads, Sky News Says
LONDON (Reuters) -Britain's opposition Conservatives named Mel Stride as finance policy chief and Priti Patel as foreign ...
Politico Europe
9d
UK court deals hammer blow to banks in car finance scandal
Sealed court filings obtained by POLITICO show judges on the Court of Appeal believe there are “no arguable grounds” for ...
10h
November Global Regulatory Brief: Digital finance
As technology continues to reshape financial services, regulators and policy setters are embarking on a range of ...
1d
Keir Starmer tells COP29 there will be new 'ambitious' climate target for UK
As the world turns to climate talks in Baku, projections by the European climate service suggest it is now “virtually certain ...
1d
on MSN
UK says £58bn climate finance tool to launch on London Stock Exchange
A finance scheme designed to raise up to 75 billion dollars (£58 billion) for building clean energy projects in poorer ...
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