FCA faces four lawsuits over Β£9.1bn compensation scheme for car loan victims
Watchdog says legal challenges from Consumer Voice and three lenders βcreate fresh uncertainty for millions of consumersβBusiness live β latest updatesThe UK financial watchdog is facing four legal challenges against its Β£9.1bn compensation scheme for victims of the motor finance scandal.The Financial Conduct Authority (FCA) said that it will defend the scheme βrobustlyβ as the βfastest, simplest route for consumers and the most efficient way for firms to put things rightβ. Continue reading...
theguardian.com


