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Brokers waiting for Consumer Duty
Over the next few days, many asset finance brokers will be busy reviewing materials sent by funders, as we approach the deadline for the...
Six actions to help asset finance brokers look on the bright side of Consumer Duty
Regulated asset finance brokers are unlikely to have missed the fact that they are required to implement the FCA’s new Consumer Duty...
Smarter regulation in 2023: Consumer Duty works, FRED 82 doesn't
As we enter 2023, the UK leasing industry is just gearing up for its essential role in supporting a post-Covid recovery in business...
Bounce Back Loan fraud rates fall again
In previous posts in October 2020 and January this year, I have queried the fraud and loss rates on Bounce Back Loans. Today, the...
What to make of the FCA's collections and recoveries review
On 12 July, the FCA published findings from its review assessing how retail banks treat their SME customers who are in collections and...

The time is right for ‘switchable’ capital allowances for leasing
In an unusually wide-ranging consultation, the government is seeking views on possible reforms to tax capital allowances, the system by...
Why Bounce Back Loan Scheme loss estimates are still likely to be too high
In October 2020, my blog - The tale of how the British Business Bank forced Rishi Sunak to launch the Bounce Back Loans Scheme -...
Postcode sector analysis could provide rapid assurance on the risks of further multi-financing fraud
In November, I suggested a need for the 'asset register that isn't an asset register' in my blog here (and see LinkedIn comments here)....

New year special for asset finance brokers: Save up to 77% on annual FCA fees - only one small catch
In August last year, my blog Psst! Asset finance brokers, do you want a 50% discount on FCA fees? Just do a bit less work... reported how...
The time has come for the asset register that isn’t an asset register
For decades, the leasing industry has been continually exposed to fraud by the lack of a national equipment asset register. Although...
It’s time to rethink asset finance broker FCA compliance reviews
Over the summer, many asset finance brokers have received one or more thuds on their doorsteps - or the email equivalent - being annual...
Psst! Asset finance brokers, do you want a 50% discount on FCA fees? Just do a bit less work...
Since July, most asset finance brokers who have been paying the minimum annual FCA fees of around £600 (including various extras) have...
Disclosing the amount of commission – what is means for asset finance brokers
Hot on the heels of changes to FCA rules affecting the use of Difference in Charges commission models (see my previous articles), a...
Why we need Barclays back in the Asset Finance 50
Barclays’ announcement in April that it was selling what remained of its UK asset finance business came too late to be reflected in this...
Understanding Barclays: How can Amazon consumer credit fit better than asset finance?
As part of its Q1 results announcements last week, Barclays announced a deal to offer credit to Amazon customers in the UK, building on...
With just days to go, is asset finance ready for the FCA's new broker commissions rules?
It’s no surprise that some unwelcome finance practices take place in some car dealerships. Seven years after taking over consumer...
Six more points for asset finance brokers to note about the FCA’s new commission rules
This article is a follow-up to my blog in August after the FCA issued its final rules concerning discretionary commission models for...
The tale of how the British Business Bank forced Rishi Sunak to launch the Bounce Bank Loans Scheme
Yesterday, two quite bizarre points about the Bounce Bank Loans Scheme (BBLS) emerged, as reported by James Hurley in the Times. First,...


Asset finance impairments balances were already increasing pre-Covid
As many leasing businesses start to approach their September or December year-ends, finance directors, boards and external auditors will...
Six points for asset finance brokers to note from the FCA's motor commissions final rules
On Monday the FCA issued its final rules concerning discretionary commission models ('difference in charges' (DiC0 models) for motor...
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