REGULATORY SUPPORT

AFP provides specialist FCA compliance support to asset finance brokers, suppliers and lenders

FCA authorisation applications
Any FCA compliance matters
In-person, online and e-learning training options
Lender compliance reviews
No monthly fees, flexible support available as needed
Over 225 firms already supported

MARKET DATA AND ANALYSIS

Unique resources for investors and others with an interest in the asset and consumer finance markets

A to Z of Leasing and Asset Finance, now in Third Edition
Ranking surveys of UK and European asset finance industries and UK asset finance brokers published jointly with Asset Finance Connect
Directory of UK asset finance brokers
Asset finance lenders financial performance benchmarking data
Consumer credit market insight reports covering used car finance, retail point of sale finance and Buy Now Pay Later, non-prime credit, and consumer credit debt purchase and collection, published by Apex Insight
Bespoke research

OTHER SERVICES

If it's an asset finance or specialist consumer credit / motor finance question, AFP can help

Company and portfolio acquisition due diligence
Lease accounting
Sustainability measurement and reporting
Regular monitoring of lenders on behalf of investors
Training courses on the UK and European asset finance markets
Association and company support with policy work

Services

Latest market insights and analysis

Business asset finance and lending

Lease Out to Help Out: Option 101 for Rachel Reeves

It’s reported that Chancellor Rachel Reeves is weighing up a hundred different measures ahead of the Budget on 26 November. Well, here’s option 101: ‘Lease out to Help Out’. The ‘Lease Out to Help Out’ option would be a (less controversial) successor to the pandemic’s ‘Eat Out to Help Out’ scheme, for the hospitality sector and maybe other sectors too.

The Lending Standards Board might have run its course, but something must take its place

Emma Lovell, Chief Executive of the Lending Standards Board (LSB) announced today that the LSB would close at the end of October. The...

Q. Who’s right on car finance redress – Martin Lewis or Charlie Nunn? A. They both are

Two apparently diametrically opposed views of the likely extent of redress over car finance commissions were given. On his ITV Show, Money Show Live, Martin Lewis suggested that the FCA had indicated that if there is to be redress, finance companies will process it automatically. Just hours earlier, at a meeting of the Treasury Select Committee, Lloyds Banking Group’s CEO Charlie Nunn stated that there was no evidence of harm.

Consumer and motor finance

A missing link in the logic of the FCA's motor finance commissions consultation

The missing link in the FCA’s motor finance commission scheme: Promoting effective competition

The FCA’s 360-page consultation on a motor finance commission scheme, published last week, is very clearly designed to protect the regulator from a Judicial Review.But my reading of the proposals is that the FCA would have failed to follow the right procedures, and be exposed to a JR risk, if it were to finalise the scheme based on its current proposals, because there is a key missing link in its analysis: the lack of a basis for rebuttal for cases where the customer paid a c

FCA motor finance commission redress- overview of possible process (Version 2)

How the FCA's motor finance commission redress scheme appears to be firming up

How the FCA's motor finance commission redress scheme appears to be firming up, based on the FCA's evidence to the House of Commmons Treasury Committee.

Forward Gear: The Adam Smith Institute’s ‘Reverse Gear’ analysis of Motability takes us in the wrong direction

In its research paper published today, ‘Reverse Gear – Why Motability is broken and how to fix it’, the Adam Smith Institute(ASI) not only conflates two separate policy matters - Personal Independence Payments (PIP) and tax reliefs - but ignores the very similar support given by the Government to high-income and (usually) non-disabled users of employer salary sacrifice schemes. Instead of the ASI’s dishing of Motability, we need to find ways of making it work better, n

Since 2014, Asset Finance Policy (AFP) has provided consulting services to asset finance lenders, brokers and suppliers. AFP has supported over 225 clients, from one-person brokerages to international banks.

Julian Rose, Director of AFP, was previously the Finance and Leasing Association's Head of Asset Finance from 2008 to 2014. He previously worked with two regulators, the Competition Commission and the Financial Reporting Council, in management consultancy with KPMG and PwC and in industry with UPS and NCR Computers.

From 2016 to 2020 Julian was a Non-Executive Director at Arkle Finance. Currently in addition to running AFP, Julian has roles with financial services advisory firm T. Mistry & Associates (TMA) and Leaseurope, the European federation of leasing and car rental associations.

Asset finance and specialist consumer lending markets
regulatory support, insights and analysis