ARTICLE
31 March 2025
Motor Finance Cases – Upcoming Supreme Court Hearing
Johnson, Wrench and Hopcraft should provide answers to some key questions around broker and lender liability for "secret" and "half-secret" commission payments which would inform the scope of any FCA redress scheme. The FCA have said that they will confirm within six weeks of the Supreme Court decision whether they are proposing a redress scheme and how they will take it forward