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Bribery › Fiduciary Duty › Financial Conduct Authority (FCA)

A&O Shearman

UK Supreme Court hands down significant judgement on motor finance commission complaints

A&O Shearman on

The UK Supreme Court has handed down its judgment on the conjoined appeals involving two lenders who challenged the decision of the Court of Appeal that a car finance broker could not lawfully receive a lender's commission...more

Hogan Lovells

Johnson v FirstRand Unpacked

Hogan Lovells on

On 1 August 2025, the Supreme Court handed down its Judgment in the conjoined appeals of Johnson, Wrench and Hopcraft (the Judgment). The case concerned liability arising from the payment of commission by lenders to motor...more

Herbert Smith Freehills Kramer

Supreme Court Issues Its Decision in Hopcraft Motor Finance Commission Appeal

Herbert Smith Freehills Kramer on

In what was a significant decision for the automotive industry, the Supreme Court has allowed the lenders' appeal in part in its much-anticipated judgment relating to lender liability for the payment of third-party broker...more

Skadden, Arps, Slate, Meagher & Flom LLP

A Deep Dive Into Intermediary Remuneration as the UK Supreme Court Considers Its Legality

Skadden, Arps, Slate, Meagher & Flom LLP on

Is payment to an intermediary, not by its client but by the financial service provider, an illegal inducement or a legitimate distribution cost? In Hopcraft, the UK Supreme Court will consider this perennial question. The...more

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