Auxillias Spring 2024 InCredit Newsletter

This quarter’s issue is jampacked and provides an update on recent commissions disclosure cases, the Financial Ombudsman Service’s expectations of businesses with reference to complaints, information on product sales data reporting, changes to the corporate crime attribution test in the Economic Crime and Corporate Transparency Act 2023, insights into more Consumer Duty (co-manufacturing and the next steps) and observations the FCA’s interpretation of the law on Limited Permission Credit Broking. And of course the biggy; on whether motor finance customers could now get compensation for non-disclosure of commission which we consider is the most important article.

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