FLA guidance on commission models and disclosure. December 2020

9 October 2020

Motor Finance - 205kb PDF

This guidance sets out the FLA's best understanding of how the FCA’s new rules on commission and disclosure, which come into force on 28 January 2021, work in practical terms in the specific context of the motor finance market. The guidance document has been produced in partnership with members of the MFD Management Committee and FLA / NFDA Liaison Group and through liaising directly with the FCA. The final guidance has been shared with the regulator.

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