Watchdog Brings Forward Deadline for Motor Finance Firms to Handle Complaints

Watchdog Brings Forward Deadline for Motor Finance Firms to Handle Complaints
The FCA will be lifting a pause on the handling of certain motor finance complaints on May 31 Ben Birchall/PA
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The UK’s financial watchdog has said motor finance firms must start handling complaints two months earlier than originally planned, as it finalises a compensation scheme for those affected by the mis-selling saga.

The Financial Conduct Authority (FCA) will be lifting a pause on the handling of certain motor finance complaints on May 31, rather than the July 31 deadline it previously proposed.