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Regulators Launch Joint Taskforce to Crack Down on Poor Practice in Motor Finance Claims

On 30 March 2026 the Financial Conduct Authority announced a joint taskforce with the Solicitors Regulation Authority, the Information Commissioner’s Office and the Advertising Standards Authority to curb poor practice in motor‑finance claims. The collaboration will enable regulators to share intelligence and launch coordinated actions against unsolicited and misleading advertising, merit‑less claims, multiple representation and unfair exit fees. By leveraging their full enforcement powers, the taskforce aims to mitigate consumer harm and raise industry standards. The initiative signals a decisive regulatory push into a segment long plagued by aggressive claim‑management tactics.