The Latest Breaking News from Financial Conduct Authority

Financial watchdog accused of ‘short-changing’ motorists on motor finance compensation

The FCA has said it will defend its motor finance compensation scheme as the best way to resolve a long-running saga

The Independent UK · Sep 1

Watchdog warns millions face ‘fresh uncertainty’ over car finance compensation

Three lenders and a consumer group have launched legal challenges to the Financial Conduct Authority’s redress scheme.

Evening Standard · May 1

Lloyds sticks to £2bn provision for motor finance compensation

This is despite the FCA making a number of changes to the scheme, compared to its original proposals set out last year.

Evening Standard · Apr 2

FCA prepared to tweak car loan compensation scheme after pushback, boss says

The Financial Conduct Authority’s consultation on its proposed motor finance redress scheme closed last week, with more than 1,000 responses.

Evening Standard · Dec 16, 2025

It could soon be easier for first-time buyers and the self-employed to get a mortgage

Mortgage regulator wants to modernise its rules

The Independent UK · Dec 15, 2025

First-time buyers and self-employed could find it easier to access mortgages

Access to later life mortgages could also be key to helping people achieve their financial goals, the Financial Conduct Authority said.

Evening Standard · Dec 15, 2025

Watchdog brings forward deadline for motor finance firms to handle complaints

The Financial Conduct Authority will be lifting a pause on the handling of certain motor finance complaints on May 31, rather than July 31.

Evening Standard · Dec 3, 2025

FCA launches tool to help investors recognise signs of investment hype

The tool, which has been designed for mobile use, mirrors group chat-style discussions that investors have with their peers.

Evening Standard · Dec 2, 2025

City watchdog ‘nakedly’ siding with lenders on car finance redress, MPs say

Cross-party group says Financial Conduct Authority had been ‘patently influenced’ by concerns over profits

The Guardian - UK · Nov 3, 2025

Santander urges ministers to intervene in UK car finance compensation scheme

Lender’s chief executive says redress proposals could affect jobs, supply chains and broader UK economy

The Guardian - UK · Oct 29, 2025