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News 2026-07-02 11:10 UTC

FCA Motor Finance Scheme partially suspended; If scheme upheld, sees payments to begin in 2027; Hearing 14-18th Dec 2026 or 16-26 Feb 2027

Upper tribunal ordered partial suspension of motor finance scheme on terms agreed with challengers. - - Firms keep preparing and progress complaints as far as possible while avoiding work that may need repeating. - - Firms must identify relevant complaints and agreements gather data on commissions and disclosures respo