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Top Financial Services: Regulation Tomorrow News

Firms representing motor finance customers ‘must act in clients’ best interests’

United Kingdom · United Kingdom

Firms representing motor finance customers ‘must act in clients’ best interests’

Coverage: 2 sources

Regulators have said claims managers and law firms involved in motor finance commission claims must not charge unfair fees for ending an agreement.See the Story

Global Watchdog Flags Risks in $16 Trillion Government-Backed Repo Market

Global Watchdog Flags Risks in $16 Trillion Government-Backed Repo Market

100% Center coverage: 1 sources

Vulnerabilities are building across the $16 trillion market for government bond-backed repurchase agreements, a global financial watchdog warned on Wednesday, highlighting rising leverage among hedge funds and growing dependence on short-term funding.See the Story

Banks ombudsman complaints slump after Treasury overhaul

United Kingdom · United Kingdom

Banks ombudsman complaints slump after Treasury overhaul

Complaints to the banks ombudsman fell to the lowest level in two years in the last quarter of 2025 as changes from regulators and Treasury ease the caseload. Between October and December the Financial Ombudsman Service (FOS) received 47,300 complaints – a major drop from the 68,400 lodged the year prior. It also maintains a similar rate from the previous quarter where 46,300 new grievances were recorded as new reforms came into affect. Under th…See the Story

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