News Archive

8th March 2021

The Importance of Physical Stock Audits in the Pandemic

Throughout the coronavirus pandemic we have been working hard to uphold the commitments we made in supporting our clients during these challenging times, whilst being very focused on protecting the health and safety of our workforce and the dealers they are auditing. The pandemic has led to an increased requirement of the digital audit services […]

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1st March 2021

The ban on motor finance discretionary commission models and the impact on funders ‘dealer oversight’

On 28th January 2021 the regulation on discretionary commission models and changes to the commission disclosure requirements in motor finance sector came into effect. The Financial Conduct Authority (FCA) released its Policy Statement (PS20/8) regarding motor finance discretionary commission models and consumer credit commission disclosure on 28 July 2020. Discretionary commission models are now banned […]

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