Unpacking the FCA’s redress scheme: what every lender needs to know

In this episode, Emma Radmore and Stephen Wilson delve into the FCA's latest consultation on a redress scheme for motor finance commissions. They explore the scope of the scheme, the criteria for unfair agreements, and the potential impact on consumers and lenders. With an estimated £8.2 billion in total redress, this discussion sheds light on the complexities and responsibilities involved in ensuring fair treatment for consumers. Check out our previous episodes on this topic here.