FCA to release details of UK car finance scandal compensation scheme

Redress programme for 14m motor finance agreements will be set out by regulator on Monday afternoon Business live – latest updates Millions of drivers will discover how much can they claim over the car finance scandal on Monday, as the City regulator sets out the final terms of its compensation scheme. The Financial Conduct Authority (FCA) will release the…

Key takeaways

Quick scan — what you need to know:

• Redress programme for 14m motor finance agreements will be set out by regulator on Monday afternoon Business live – latest updates Millions of drivers will discover how much can they claim over the…
• The Financial Conduct Authority (FCA) will release the details of its redress programme for 14m motor finance agreements after 4:30pm, ensuring that the information comes out after stock markets…
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Background

What led here, in plain terms:

• The Financial Conduct Authority (FCA) will release the details of its redress programme for 14m motor finance agreements after 4:30pm, ensuring that the information comes out after stock markets…
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Why it matters

Why readers and decision-makers should care:

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• Redress programme for 14m motor finance agreements will be set out by regulator on Monday afternoon Business live – latest updates Millions of drivers will discover how much can they claim over the…
• The Financial Conduct Authority (FCA) will release the details of its redress programme for 14m motor finance agreements after 4:30pm, ensuring that the information comes out after stock markets…