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IncreasingMedium2026-06-17

FCA opens enforcement probe into second motor finance CMC

MarketsConsultationGeneral RegulatoryRetail BankingUnited KingdomConf: High
Regulatory Event

The FCA opened an enforcement investigation into Consultation Claims Limited regarding motor finance claims conduct between April and December 2025, including allegations of forged signatures.

Analysis

This is the second FCA enforcement action against a motor finance CMC, signalling intensifying scrutiny of the claims ecosystem ahead of the broader motor finance redress scheme. Lenders should expect heightened challenge over claim validity.

Relevance

Affects motor finance lenders processing CMC-originated claims and the broader redress framework integrity.

Required Action

Action Required

Review claims management firm relationships and intake controls for motor finance redress claims to ensure consent and authenticity verification.

Justification

Demonstrates FCA willingness to pursue CMCs criminally engaged in fraudulent claims, shaping redress scheme dynamics.

Control Commentary

Strengthen verification of claimant consent and signature authenticity on CMC-submitted motor finance complaints; document refusals tied to suspected unauthorised submissions.

Source

The FCA opened an enforcement investigation into Consultation Claims Limited regarding motor finance claims conduct April-December 2025, including allegations consumers were signed up without consent and signatures forged.

RH-2026-06-04-003