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ARTICLE · 07 AUGUST 2025

FinReg Monthly Update

Proskauer Rose LLP
Proskauer Rose LLP
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Proskauer Rose LLP

Proskauer Rose LLP

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Welcome to Proskauer's FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

United KingdomFinance and Banking

Welcome to Proskauer's FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK and EU financial services regulation.

Key developments in July 2025 and 1 August 2025:

1 August

Motor Finance Commissions: The UK Supreme Court handed down its judgement in Hopcraft and another v Close Brothers Limited and two other cases, all of which concerned the payment of commission by finance lenders to motor dealers. The Supreme Court reversed most of the Court of Appeal's judgment on hidden motor finance commissions, significantly narrowing the circumstances in which consumers are entitled to redress. Please refer to our dedicated article on this topic here.

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