FCA boss takes aim at motor finance lenders and claims firms

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City AM

FCA boss takes aim at motor finance lenders and claims firms

The boss of the City watchdog has taken a fresh swipe at the parties opposing the regulator’s motor finance redress scheme. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), told the Treasury Committee that he was “concerned about the integrity of the claims management market” and took a shot at lenders for trying [...]