The Financial Conduct Authority (FCA) has announced the timing for its upcoming statement on the motor finance redress approach. The announcement is scheduled for shortly after market close on Monday, March 30, 2026. This follows a prior consultation on a compensation scheme that took place in October 2025.

Regulated entities and consumers should note this upcoming announcement. While this document itself is a notice of timing, the subsequent release will detail the FCA's approach to motor finance redress, which may have significant implications for firms involved in motor finance and for consumers who may be eligible for redress. Compliance officers should prepare for potential new requirements or guidance stemming from this announcement.