FCA’s final motor finance redress scheme: What lenders need to do now
FCA’s final motor finance redress scheme: What has changed and what lenders need to do now The FCA announced the redress scheme and compensation details On 30 March 2026, the FCA published its final motor finance consumer redress scheme – the largest structured redress exercise the UK retail lending market has faced since PPI. The clock is running, and several obligations have already started. PS26/3: Motor finance consumer redress scheme What the […]
FCA aligns efforts to ensure customers are making informed and sustainable decisions
TCC Group’s (TCC, Momenta and Recordsure) CEO Joe Norburn recently featured in IT Supply Chain to discuss how the Financial Conduct Authority (FCA) is aligning its efforts to help consumers make more informed and sustainable financial decisions. The article highlights the regulator’s focus on improving the quality and clarity of information available to customers, particularly […]
U.K. financial regulator cuts cases to focus on investigations that achieve results
TCC Group’s (TCC, Momenta and Recordsure) CEO Joe Norburn recently featured in Compliance Week to discuss the Financial Conduct Authority’s (FCA) evolving enforcement strategy and what it means for firms. The article highlights how the FCA is reducing the number of investigations it pursues, closing around 100 cases in recent years that were unlikely to […]
Motor finance redress: the clock starts Monday
The FCA will set out its approach on motor finance redress shortly after markets close on Monday 30th March 2026, having consulted on a compensation scheme in October 2025. For motor finance creditors, this is not the end of a long process, it is the starting gun on one of the most operationally demanding remediation exercises […]
FCA motor finance redress scheme announcement coming next Monday (30th March)
The FCA will publish the final details of its motor finance redress scheme shortly after markets close on Monday 30th March 2026, it has announced today. This marks a critical moment for the motor finance sector, bringing clarity to a programme that has been closely watched since the initial consultation in October 2025. While the announcement will provide the […]
Pure protection in focus: FCA market study raises regulatory expectations for 2026
TCC Group’s (TCC, Momenta and Recordsure) CEO Joe Norburn recently featured in Professional Adviser, to discuss how the FCA’s Pure Protection Market Study is set to reshape the regulatory landscape, with increasing scrutiny on fair value, commission structures and customer outcomes. The article explores how distribution models, digital access and transparency are coming under closer […]
Insurance claims rewired: The rise of agentic AI
TCC Group’s (TCC, Momenta, and Recordsure) CTO, Kit Ruparel, was recently featured in IT Briefing’s article, which explores how AI is moving beyond a passive support role in insurance claims and instead, “agentic AI” is being actively used to assist in decision-making. The article explores how, unlike earlier systems that simply analysed data or flagged […]
Modernising the redress system: what FCA CP26/9 means for firms
On 16 March 2026, the Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) published Consultation Paper CP26/9, alongside finalised guidance FG26/2 on identifying and rectifying harm. This latest step suggests the most far-reaching overhaul of the UK’s consumer redress framework in a generation, and it has real, immediate consequences for how financial services firms manage […]
FCA Consumer Finance Regulatory Priorities 2026: What it means for compliance leaders
The FCA has published the latest in its series of Regulatory Priorities reports, with the Consumer Finance Regulatory Priorities report released on the 17th March 2026. This follows the Insurance, Consumer Investments and Pensions reports published in February and March, with nine reports planned in total across retail and wholesale markets. These reports are important for all firms. They set out the FCA’s supervision priorities, explain how it […]
Ecommerce & Payments Briefing: The hidden risks inside Agentic AI systems
TCC Group (TCC, Momenta and Recordsure) Kit Ruparel, Chief Technology Officer recently discussed Agentic AI in Ecommerce & Payments Briefing. Agentic AI systems, autonomous tools that can act across multiple platforms, are introducing a new layer of risk for businesses. Their ability to operate independently with broad access can lead to data leaks, compliance issues, and security vulnerabilities, especially when […]