The FCA have issued their update paper which summarises the initial findings from the premium finance market study that commenced in October 2024. The reason for this market study was because the FCA were concerned that premium finance may not represent fair value for some customers, and that competition may not be functioning effectively.
The FCA are seeking comments and feedback to further inform the next phase of the market study focusing on areas where they still have concern. If you wish to submit a view you should do so by 5pm on Tuesday 30 September 2025 . . .
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