Important FCA action ‘does not harm’ vehicle sales, says NFDA
FCA action to tackle perceived “conflicts of interest and irresponsible lending” in motor finance must be proportionate and not harm vehicle sales, according to NFDA director Sue Robinson. The FCA stated in its 2017/18 Business Plan, which was published this week, that it will carry out an exploratory enquiry into motor finance as it believes that there might be conflicts of interest and irresponsible lending in the sector. Following this review they will assess if there is a
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