MANY leasing brokers will already know Jo Davis (above), a specialist in consumer finance and FCA compliance at Locke Lord. Now Davis, combining with partner Daksha Mistry, has launched a new law firm called Auxillias. The company aims to provide both legal and compliance services to clients operating in the consumer, motor, asset finance and leasing sectors. Our vision has been to…
LEASING brokers should head towards the BVRLA website for its updated guidance on the Senior Managers & Compliance Regime (SM&CR). The BVRLA says it has updated the factsheet to include the Policy Statement released by the FCA at the end of October. This was regarding extension of deadline dates and the new Conduct Rule breach reporting process. SM&CR became enforceable for all…
THE Fleets in Charge virtual conference, organised by the BVRLA on 06 October, included a break out session on Motor Finance. Hosted by Amanda Brandon, BVRLA’s director of fleet services, the presenters were Joanne Davis, a co-founder and partner in Auxillias; Naveed Asif, consumer credit consultant at the Consumer Credit Advisory Services; and Adrian Dally, who is head of motor finance at…
IN a letter to all credit brokers, the Financial Conduct Authority (FCA) reiterated its focus on putting the customer central to broking operations. It said that brokers should take action to de-risk their operations where there is the potential for customer harm (February 13, 2020). The communication from the FCA is part of the Senior Managers & Certification Regime says Joanne Davis,…