15 October | The Midland Hotel, MANCHESTER

Car Finance Regulation & Development Forum
15 October | The Midland Hotel, MANCHESTER
Tue Oct 13, 2020 - Wed Oct 14, 2020
08:15 - 16:45
Midland Hotel Manchester

Solely bringing together industry lenders and brokers

This exclusive forum is a key opportunity for senior policy makers at specialist motor finance brokers and the lenders that provide their funding facilities, to jointly discuss the regulatory landscape and explore initiatives to modernise the industry and stay ahead of expectations.

 

The broker origination channel continues to grow in significance for both major and smaller independent lenders, and the relationship between the parties must develop further to ensure that delivery of products results in an improvement in customer outcomes whilst maintaining profitability.


Why attend?

 

The agenda will focus solely on the issues facing the partnership between brokers and lenders, considering how the FCA and other regulation can be effectively managed, particularly in light of the clear directive to protect customers from potential harm.

 

Our industry has an opportunity to take the lead by improving both professionalism and communication. By bringing the key organisations together, alongside the regulatory bodies and selected technology and business consultants much progress can be achieved.

 

Included within your pass is access to a private networking dinner which will be held on the evening of the forum. To book please click here.

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Agenda

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9.30: Welcome and opening addresses

 

 

9.45: FCA motor finance update

  • Update on the FCA’s motor finance review

 

10.00: Panel: FCA motor finance update

  • Chance for the audience to ask industry experts the opinions on the FCA address
  • What the review means for your business
  • Areas for the industry to improve

 

10.30: Addressing the FCA concerns part 1

  • Commission and Revenue models
  • What work lenders and brokers have done on addressing the FCA concerns on DIC
  • The link between credit risk and commission reward

 

11.30: Morning break

 

11.45: Improving the efficiency of relationships between brokers and lenders

  • An opportunity to discuss how both can work more closely together
    • Relationship management
    • MI reporting
    • Bad debt reporting

12.20: Lunch break

 

13.00: Update on the role of The Financial Ombudsman Service

  • What is their curent role in vehicle and motor finance complaints.
  • How they are approaching the motor finance landscape
  • Charge structure
  • Experience of current dealings with FOS

Mark Lloyd, DSG Finance

 

13.15: Financial Ombudsman panel

  • A panel of car finance lenders and brokers discuss their concerns
    • FOS’ range of responsibility
    • Challenges for FOS managing vehicle issues
    • Working with FOS for better customer outcomes

 

14.00: Addressing the FCA concerns part 2

  • Focussing on affordability in the motor finance market
    • How can brokers and lenders use Open Banking to better solve the issue
    • By which party and at what point in the process are affordability checks made

15.00: Developing your brokerage

  • Ideas for how a broker can grow and improve their business.
    • Starting a lending book
    • M&A activity
    • Investment processes

15.15: Afternoon break

 

15.45: Open forum

  • Closing panel to summarise the day
  • Ask all your questions to a mixed panel of motor finance experts
  • Key messages to take home from the day

16.45: Closing speeches

 

17.00: Conference close

 

The forum will be followed by a private networking dinner at 19.00

 

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Dinner

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Taking place on the evening of the forum, the Car Finance Regulation & Development Dinner will provide unique private networking opportunities with industry leaders.

 

Tickets to the dinner are included within your forum pass. To book please click here.

 

Dress code is smart - jacket and tie

 

Further details on the dinner will be sent to you upon your confirmed registration.

 

 

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Prices

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Tickets to the forum and dinner cost £400 + VAT.

 

This is predominantly a paid-for invitational event for brokers and lenders, however access may be granted based on a criteria check. Please note when you submit the registration form below you will have to wait for approval. Confirmation of booking will be sent to your email within five working days.

 

Book now

 

If you have any questions or queries please contact us.

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