UK's FCA says parts of motor finance redress scheme suspended
UK's FCA says parts of motor finance redress scheme suspended
Thu, July 2, 2026 at 11:09 AM UTC
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LONDON, July 2 (Reuters) - Britain's Financial Conduct Authority said on Thursday parts of its motor finance consumer redress scheme had been suspended pending legal challenges brought by four parties.
The decision means compensation payments to consumers who may be owed money under the programme will be delayed until the legal process concludes.
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(Reporting by Muvija M, writing by Sam Tabahriti; editing by William James)
Source: “AOL Breaking”
