What impact will the FCA’s compensation scheme have on banks? @InvestorsChronicle
What impact will the FCA’s compensation scheme have on banks?  @InvestorsChronicle
Uploaded October 2025 | Updated September 2026, 2 weeks ago
The FCA’s long-awaited motor finance redress scheme landed with a lower overall compensation figure than expected. Mark Robinson explores how Lloyds (LLOY) and Close Brothers (CBG) have responded, why both plan to challenge the proposals, and whether the scheme risks turning into another PPI-style saga.
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What impact will the FCA’s compensation scheme have on banks?

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