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1. CP19/28: Motor finance discretionary commission models and consumer credit commission disclosure

   Consultations Consultation papers Published: 15/10/2019 Last modified: 15/10/2019
   We are consulting on plans to ban commission models that give motor finance brokers/dealers an incentive to raise customers’ interest rates. We are also consulting on minor changes to some of our rules and guidance to ensure that many types of credit broker give consumers more relevant information about commission.