UK Supreme Court Grants Permission to Appeal Landmark Case on Motor Finance Commission Payments and Disclosure Thresholds
By EsqSocial Corporation 20/12/24
Last week the Supreme Court granted permission to appeal the Court of Appeal's decision in a case examining the permissibility of motor finance commission payments, which challenged traditional legal thinking relating to customary commission arrangements across all retail sectors, and which may, if upheld, cause regulators to take a more aggressive approach to historical commission payments in the motor finance industry......
By: Mayer Brown