All articles by Verdict Staff
Verdict Staff
BCA successfully lists following take over
BCA Marketplace has successfully joined the London Stock exchange following the auction houses acquisition by London investment consortium Haversham Holdings for £1.2bn at the end of March.
New director for Seat UK
Richard Harrison has been appointed as the director of SEAT UK, a part of Volkswagen Group.
Motor Finance Awards finalists revealed
The finalists for the inaugural European Motor Finance Awards, due to be hosted in Munich on 23rd of April have been revealed.
Buy a car on an online auction site and you could get stuck up a gum tree
Andy Thomas highlights one of the motor finance industry’s latest headaches
Prophecies of doom about personal contract purchase are wrong
Several industry commentators have suggested recently that the used car market is heading for a valuation ‘crash’ prompted by oversupply as three-year-old cars bought on PCP are returned.
Box-ticking is not CCD-compliant
A recent case in the European Court of Justice provides clear guidance regarding the precautions lenders must take to ensure they discharges their pre-contractual obligations to the consumer, explains Greg Standing
Challenges the FCA authorisation poses to the motor industry
In April last year the Financial Conduct Authority (FCA) took over regulation of the consumer credit sector from the Office of Fair Trading (OFT). With this change came the challenges of obtaining authorisation from the FCA to continue to offer finance to customers and maintaining compliance with the FCA’s rules going forward – a more onerous task than under the OFT.
Credit products in the new environment
David Wood examines the main concerns for dealers and retailers under the FCA regime
Automotive’s technological advances lead to extended finance offerings
As the new ‘15’ car registration plates are launched, John Simpson, managing director at car finance provider Moneyway, discusses the expected car sales trends for the coming year
Clear FCA guidance on treating vulnerable customers fairly
Katherine Clark, solicitor at Ford & Warren, looks at the recent FCA paper on consumer vulnerability