Rob Arthur

The FCA motor finance redress scheme is now live, splitting customer cohorts into two groups to prevent undue delays due to potential legal challenges. Darren Castle, Rob Arthur and Supriya Manchanda look at the key elements of the redress scheme and next steps for lenders. Taking on board a large volume of industry and consumer feedback, the FCA’s final policy statement has made a number of adjustments, which aim to make the motor finance redress scheme fairer and more comprehensive.

The FCA has published its long-awaited motor finance commission redress consultation, offering greater clarity for the market. Rob Arthur, Darren Castle, Chris Laverty and Abbie Van Cleef take a closer look at the redress calculation methodology and how to manage the key challenges. The FCA is aiming for a streamlined motor finance redress programme, that’s easy to navigate and doesn’t rely on third-party claims management.

A discount for lack of marketability is often applied when carrying out accounting valuations of securities and financial instruments. Rob Arthur and Yudmila Adaya outline core challenges such as determining when a DLOM is appropriate and how to estimate it. A discount for lack of marketability (DLOM) is applied when assets are being valued, specifically relating to private companies that aren't traded on public exchanges and are therefore difficult to sell.