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FCA Discretionary Commission, can this benefit motor finance?

By |2020-09-01T12:30:05+01:00September 1st, 2020|Categories: Leasing & Finance News|Tags: , , , |

Quotevine Chief Executive Daniel Layne said some concerns remain over areas of the ban, and more clarity is needed – including specific definitions around which vehicles it applies to – as well as the potential for unintended consequences such as dealers exploiting the loophole left by excluding personal contract hire (PCH) from the changes, in order to make up lost revenue.