FCA said the financial decision of the British Court of Appeal was ‘very far away’

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The British financial regulator said the “far away” the trial of the Court of Appeal to the country’s higher court was “far away” that the car dealer had a fiduciary position to act with the interests of customers.

Of the financial behavior body submission The Supreme Court of the United Kingdom is responsible for the banks to fail to disclose the commissions to the car dealers properly.

But Fca Judges were not covered by the bill, or not to ban the ban on a lawsuit against the banning of hidden commissions or vendors, without accepting the arguments of banks, before accepting the arguments of the banks.

Three days Supreme Court Hearing starting on Tuesday has a legal violation that extends to many areas of many consumer finances outside the car market.

Analysts, the compensation of the outcome of the outcome determines whether the compensation is full of consumer allegations, looking for 44 billion pounds.

In November last year, the Court of Appeal was amazed by managing Britain’s financial services It is illegal for creditors To pay “secretly” or partially hidden commissions to car dealers without failing to inform customers.

A factory supervisor in Wales, Kartore nurse and a poster employee in the stock-on-Trent of the trunk, the second-hand cars purchased with financing From the nearest brothers and Motonovo finance, which is part of the FirstRAND bank of South Africa.

Trio failed in all of the sellers or in sufficient detail, or in the tasks of providing information in sufficient detail. In the £ 1,650, a commission was in a quarter of £ 6.499 to buy a car.

Lawyer HOWARD KC for the First Bank was informed, the seller’s appellate court was decided whether the sellers were a reliable duty and were responsible for any violations for the loans.

The Union of National Franchised Dealers representing a car dealer, a new reliable position from the role of a loan broker is called in a written presentation.

“The commission that meets the credit broker, only a commission given to a loan broker, pointed out the last claim of a recent case, looking for a complete rescue of the rental purchase agreement for a paid car.

FCA seemed to be said to be at least partially in the court: “Motor vendor’s brokers’ sweep approach to the appeal to the appeal (effective) appeal.”

However, the regulator added that “the court would have to invite the invitation of the bribery or ‘restrained’ duty of appeals to Jettison, and it should lead to a distortion of the specified principles and accept the invitation of the” interestless “duties.”

Lawyers, FCA’s argument could restrict legal claims against legal claims against lending on consumers, and restricted their legal claims to the commission paid to car dealers for financing.

“FCA, FCA, a fiduciary wants to limit the disorder resulting from the result of a duty,” he said. “Moreover, as other specialists believed that the Court of Appeal is wrong.”

Julius, who is a professor of the law of the law of the Trade Law, when the Supreme Court agrees, the bidders must show the bidders in the event of “the bidders”.

Lawyers for consumers, FCA and NFDA, Wednesdays and Thursday and Thursday and Thursday are expected to reign in the summer.