FCA responds to High Court motor finance judicial review decisionÂ

News Financial services Statements & Speeches

Date: 17th Dec, 2024 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On 17/12/2024", the "Financial Ombudsman Service" issued an update regarding the High Court judgment in a review of its decision to uphold a complaint relating to a discretionary commission arrangement (DCA) in a motor finance agreement. The court found that the Financial Ombudsman had correctly interpreted rules and the Consumer Credit Act 1974, dismissing all 3 grounds of appeal brought by Barclays Partner Finance, a lender.

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Financial Conduct Authority

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FCA responds to High Court motor finance judicial review decisionÂ

Brief

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FCA responds to High Court motor finance judicial review decisionÂ

Brief

Financial Conduct Authority

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