” The Financial Conduct Authority (FCA) has announced an extension to the deadline for responses to its consultation on a proposed industry-wide motor finance compensation scheme until 5pm on 12 December 2025. “Following sustained engagement with the FCA, the National Franchised Dealers Association (NFDA) was instrumental in securing this extension to allow for additional time to assess the complex implications of the proposed scheme. “Since the consultation launched on 7 October, NFDA has worked closely with the FCA and its members to ensure franchised dealers’ perspectives are fully represented. The proposed scheme, which follows the recent Supreme Court judgment confirming lender liabilities, has significant implications for the entire motor retail sector. “NFDA will continue to engage constructively with the FCA and external stakeholders to help shape a fair, proportionate and practical outcome for both consumers and dealers. The extension provides a vital opportunity for the industry to submit robust, evidence-based feedback that reflects the realities of the market.”