Go to court and lose out on £9bn car finance redress scheme, says FCA boss
Comments by Nikhil Rathi position watchdog for stand-off with claims management companies and law firms
Comments by Nikhil Rathi position watchdog for stand-off with claims management companies and law firms

Financial Conduct Authority lowers estimate for loans eligible for compensation scheme

Financial watchdog to give detailed proposals in October, following Friday’s Supreme Court ruling

FCA to investigate ‘poor practices’ and ‘aggressive marketing’ in sector gaining prominence amid car finance mis-selling scandal

Britain’s largest provider of vehicle loans wants to draw a line under scandal that rocked the sector

Financial regulator set to announce by Monday if it will impose an industry-wide redress scheme

‘Omnibus’ claim comes days before regulator unveils details of mis-selling redress scheme