Dec 09, 2019: The UK’s Senior Managers and Certification Regime (SM&CR) is being extended this week to tens of thousands of companies across the financial sector. Three years after the initial introduction of accountability rules for banks and insurers, fro...

 

Dec 09, 2019: The UK government that takes office after Friday’s general election must prioritise a complete overhaul of the Consumer Credit Act, party leaders have been told. In one of his first statements since becoming the new director general of the Finance...

 

Nov 18, 2019: UniCredit, Italy’s largest bank by assets, has launched an internal investigation after uncovering a data breach involving 3 million records. Its cyber security team identified the incident involving a file generated in 2015 that affected Italian ...

 

Sep 06, 2019: There are fewer than 100 days left until the Senior Managers & Certification Regime (SM&CR) extends to all regulated firms, including those within the motor industry, and senior leaders need to ensure they are ready for the changes ahead, a...

 

Mar 28, 2019: UK businesses transferred £93 million into the accounts of criminals who were posing as legitimate payees last year, latest figures have revealed. There were 3,280 invoice and mandate scam cases involving businesses during 2018, with an average lo...

 

Jan 21, 2019: Gone are the days when UK car dealerships had carte blanche in terms of selling finance and insurance. While compliance may often be seen as a barrier to business, best-practice can prove to be an enabler – if it’s done right. Sam Marsden, complia...

 

Jan 10, 2019: The Italian competition authority has issued fines totalling €670 million to a number of car manufacturers and captive auto finance houses after ruling they restricted competition for more than a decade. Allegations from the AGCM (Autorità Garante...

 

Oct 30, 2018: The UK’s Chancellor of the Exchequer Philip Hammond has presented his annual budget statement, the final overview of the country’s finances before it leaves the European Union. In response, industry leaders have provided their view on the most imp...

 

Oct 30, 2018: The annual budget statement from UK Chancellor of the Exchequer Philip Hammond will bring some net easing of the UK tax burden in the coming year or so, but with some tax increases taking effect later, and a few distinctly adverse developments for ...

 

Aug 13, 2018: New regulations governing the use of customer data for marketing are still widely misunderstood across the automotive retail and finance sector, experts claim. The EU’s General Data Protection Regulation was introduced in May 2018 and has strength...