Commenting on the announcement today that the FCA has extended the time for firms to respond to complaints about non-discretionary commission arrangements, Stephen Haddrill, Director General of the FLA, said: https://shorturl.at/gYE7n
Finance & Leasing Association
Financial Services
Moorgate, England 10,476 followers
The Finance & Leasing Association is the leading trade body for the asset, consumer & motor finance sectors in the UK.
About us
The Finance & Leasing Association is the leading trade body for the asset, consumer and motor finance sectors in the UK. Our members include banks, subsidiaries of banks and building societies, the finance arms of leading retailers and manufacturing companies, and a range of independent firms. In 2023, members of the Finance & Leasing Association (FLA) provided £151 billion of new finance to UK businesses and households, £52 billion of which helped consumers and businesses buy new and used cars, including 78.6% of private new car registrations. £113 billion was in the form of consumer credit, accounting for almost a third of all new consumer credit written in the UK. £38 billion of finance was provided to businesses and the public sector to support investment in new equipment, representing almost a third of UK investment in machinery, equipment and purchased software in the UK last year.
- Website
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http://www.fla.org.uk
External link for Finance & Leasing Association
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Moorgate, England
- Type
- Nonprofit
- Founded
- 1992
Locations
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Primary
Get directions
11 Ironmonger Lane
Moorgate, England EC2V 8EY, GB
Employees at Finance & Leasing Association
Updates
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🎄 Season’s Greetings from the FLA 🎄 As the holiday season approaches, we’d like to extend our warmest wishes to all our members and partners for a joyful and restful time with loved ones. The FLA office will be closed from Christmas Eve until 2 January 2025, but we’ll be back in the new year, ready to build on the achievements of 2024 together. Thank you for your invaluable support and collaboration this year. Here’s to a prosperous 2025 filled with health, happiness, and continued success for all.
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Responding to the High Court’s judgment in the Judicial Review of the Financial Ombudsman Service’s decision in a motor finance case, Stephen Haddrill, Director General of the Finance & Leasing Association said: https://shorturl.at/ZFzZb
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The latest edition of Agenda, the FLA’s magazine, is now live. https://shorturl.at/E5NE6 Members of the FLA Board share their thoughts on what 2025 may bring for the industry, Will Atkinson recaps the FLA’s Access to Credit Symposium, and Edward Simpson summarises the key discussions from the Eurofinas & Leaseurope Convention. Our ‘Meet the Boss’ section features Richard Cameron from Close Brothers Broker Solutions, and our Charity Shout Out includes Novuna completing the Yorkshire Three Peaks Challenge to raise funds for Re-engage. In our ‘Out of the Office’ segment, we speak to Jo Harris from Siemens Financial Services, who had an adventure in Argentina, as well as Duncan Reid from Weightmans, who climbed Kilimanjaro.
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Commenting on the Supreme Court granting Permission to Appeal the motor finance commissions cases previously heard at the Court of Appeal, Adrian Dally, Director of Motor Finance at the FLA said: https://shorturl.at/G7bTt
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See the latest statistics from the FLA showing the market performance during October in the asset finance, consumer finance and motor finance sectors. https://shorturl.at/xoMul
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Tonight, we gathered at The Ned in London for an evening of holiday cheer, gourmet canapés, and festive drinks. It was a fantastic opportunity to reconnect, make new connections, and kick off the season in style. Thank you to everyone who joined us for this memorable event—we loved celebrating with you! #Networking #FestiveSeason #FinanceIndustry #FLA
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Today’s Commission Disclosure symposium brought together industry professionals to explore the judgment and its implications for lenders and intermediaries. Thank you to all our speakers: Stephen Haddrill, Anna Medvinskaia, Nikki Worden, Jonty Langham, Adrian Dally, Michael Scott, Alex Hughes, and Steve Rowe.
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There's still time to register for our upcoming Commission Disclosure Symposium: Implications for Lenders and Intermediaries. 📅 2nd December (10am-12pm) 📍Online via Zoom 🔓 Open to FLA members and non-members Whether you’re a lender looking to navigate new responsibilities with brokers and intermediaries, or a broker looking to clarify your obligations and align with lenders, this event offers actionable advice from leading legal and industry authorities to help you adapt to the latest changes. For more information or to register visit: https://lnkd.in/e3KdAfbV
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