Financial Conduct Authority

Millions of car finance customers will get payouts this year as we go ahead with our compensation scheme. We’ve listened to feedback to make sure the scheme is fair for consumers and proportionate for firms. fca.org.uk/news/press-rel… #CarFinance #MotorFinance

When should you hear from your lender on our car finance compensation scheme? 🚗 We’ve got a useful tool to help you find out when you should expect to hear, based on when you took out your loan and when you complain. #section-when-you-should-hear-from-your-lender" target="_blank" rel="nofollow noopener">fca.org.uk/consumers/car-… #CarFinance

'Do you think lenders wilfully misled their customers or did they make a big mistake?' - @WilfredFrost asks Financial Conduct Authority CEO Nikhil Rathi. This comes as millions of motorists who were mis-sold car finance agreements are due to receive compensation.

'You do not need to use a claims management company or a law firm' Nikhil Rathi, Chief Executive of the Financial Conduct Authority. spoke to #BBCBreakfast about compensation for millions of drivers who were mis-sold motor finance agreements bbc.co.uk/news/articles/…

It is good to see the FCA finally publish its redress scheme, clearly a lot of work has been put in on the back of wide-ranging feedback. Though I fear that this is not the end of this long-running saga, with widespread rumors that lenders want to continue to evade responsibility and drag this out via the courts. Banks should think carefully about what signal this sends to consumers after being caught out for unfair practices. The key thing for consumers to weigh up is whether or not they think they will get what they are owed under this scheme. In theory this should be a quick and simple way to get compensation. But some experts warn that some consumers may be leaving a lot of money on the table, as the average payout in the courts could be higher. Lenders have said in the past this redress scheme could threaten their industry and even the wider economy. But throughout this process the motor finance industry has remained strong. Now is the time to accept responsibility and pay consumers what they are owed.

We're working with @sra_solicitors, @ICOnews and @ASA_UK to tackle poor handling of motor finance claims by some claims management companies and law firms. fca.org.uk/news/press-rel… #CarFinance

Dinosaur Merchant Bank Ltd. (DMBL) failed to have effective systems and controls to detect and report suspicious trading in its contracts for difference (CFD) business. We’ll continue to act where firms lack effective surveillance arrangements. fca.org.uk/news/press-rel…

This week we issued 16 warnings about unauthorised or clone firms.   Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation

London has reinforced its position as the world’s second highest ranked financial centre in the latest Global Financial Centres Index. London also maintained its position in the top 5 global FinTech rankings, showing continued strength in innovation. zyen.com/news/press-rel…

Our 2026/27 Annual Work Programme sets out how we continue to be a smarter, more data driven regulator — supporting growth, helping consumers, and fighting financial crime. fca.org.uk/news/news-stor… #FinancialRegulation #FinancialServices

We’re consulting on how to make it easier for firms to give more simplified forms of individualised financial advice. fca.org.uk/news/press-rel… #HelpingConsumers #FinancialRegulation

Speaking to @CommonsTreasury, Executive Director of Enforcement and Market Oversight, Steve Smart, highlighted our work to fight financial crime, including the success of our Firm Checker tool in helping people avoid scams. #FightingFinancialCrime #FirmChecker

This campaign against fraud is a great example of law enforcement partners working ambitiously together to crack down on criminals and fight financial crime. #FightingFinancialCrime #FraudPrevention

We’ll set out our approach to motor finance redress shortly after markets close on Monday 30 March. This follows our consultation on an industry wide compensation scheme in October 2025. fca.org.uk/news/statement… #CarFinance

The #GlobalFraudSummit ends in Vienna today, bringing together global partners including @CityPolice. With its national role, partnerships with industry and track record of innovation, the force will support the @ukhomeoffice Fraud Strategy launched at Guildhall last week.

Speaking at the JP Morgan Pensions and Savings Symposium 2026, our Chief Executive Nikhil Rathi highlights how technology is changing the pensions conversation and how the pensions system must be ready to support consumers. fca.org.uk/news/speeches/… #HelpingConsumers

This week we issued 21 warnings about unauthorised or clone firms.   Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation

Debt can affect anyone and stigma often stops people from seeking help. You’re not alone, and reaching out is a powerful first step. View the staggering results from the national polling statistics below. Get free, confidential support from StepChange today: stepchange.org Let’s help break the stigma this week! #daw2026 #debtawarenessweek #stepchange

Last year, we warned about Harrison Sullivan and 2,000 others who may be promoting financial services without permission. People should be cautious of high‑risk investments promoted online, especially by unauthorised firms or individuals. Check Firm Checker before investing.

This week we issued 188 warnings about unauthorised or clone firms.   Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation