REGULATORY SUPPORT

AFP provides specialist FCA compliance support to asset finance brokers, suppliers and lenders

FCA authorisation applications
Any FCA compliance matters
In-person, online and e-learning training options
Lender compliance reviews
No monthly fees, flexible support available as needed
Over 225 firms already supported

MARKET DATA AND ANALYSIS

Unique resources for investors and others with an interest in the asset and consumer finance markets

A to Z of Leasing and Asset Finance, now in Third Edition
Ranking surveys of UK and European asset finance industries and UK asset finance brokers published jointly with Asset Finance Connect
Directory of UK asset finance brokers
Asset finance lenders financial performance benchmarking data
Consumer credit market insight reports covering used car finance, retail point of sale finance and Buy Now Pay Later, non-prime credit, and consumer credit debt purchase and collection, published by Apex Insight
Bespoke research

OTHER SERVICES

If it's an asset finance or specialist consumer credit / motor finance question, AFP can help

Company and portfolio acquisition due diligence
Lease accounting
Sustainability measurement and reporting
Regular monitoring of lenders on behalf of investors
Training courses on the UK and European asset finance markets
Association and company support with policy work

Services

Latest market insights and analysis

Business asset finance and lending

Which asset finance (leasing) businesses need to be registered for money laundering supervision, and with whom?

Last week, the FCA published concerns about unregulated lenders including financial leasing companies that haven't been registered for anti-money laundering purposes under the 'Annex 1' rules . Who exactly needs to register? Well the high-level online guidance isn't exactly clear. In this article I set out my understanding, comments are always welcome.

Ten CCR009 tips for asset finance brokers

Ten tips for brokers on how to complete the FCA's new CCR009 form, based on the questions I've been asked by brokers in the last week or two

Lease Out to Help Out: Option 101 for Rachel Reeves

It’s reported that Chancellor Rachel Reeves is weighing up a hundred different measures ahead of the Budget on 26 November. Well, here’s option 101: ‘Lease out to Help Out’. The ‘Lease Out to Help Out’ option would be a (less controversial) successor to the pandemic’s ‘Eat Out to Help Out’ scheme, for the hospitality sector and maybe other sectors too.

Consumer and motor finance

The alternative redress scheme that could solve the motor finance commissions redress problem

Almost everyone is paying the price for the current uncertainty. Whatever the Supreme Court eventually rules seems likely to lead to yet further delays before any redress starts to be paid. Instead, there's a need now to take a step back and set out an alternative, simpler and much fairer alternative. Here's my suggestion.

FCA motor finance redress: Consumer Voice is right to challenge the FCA. But wrong to expect increased payouts.

Why Consumer Voice's challenge to the Financial Conduct Authority's motor finance redress programme might actually be welcomed by the car finance industry.

Consumers are paying more as motor finance commissions redress approaches

With the FCA's motor finance redress scheme announcement due shortly, here's a newly updated chart based on my analysis of lending rates in the market that might help to put things in perspective.

Since 2014, Asset Finance Policy (AFP) has provided consulting services to asset finance lenders, brokers and suppliers. AFP has supported over 225 clients, from one-person brokerages to international banks.

Julian Rose, Director of AFP, was previously the Finance and Leasing Association's Head of Asset Finance from 2008 to 2014. He previously worked with two regulators, the Competition Commission and the Financial Reporting Council, in management consultancy with KPMG and PwC and in industry with UPS and NCR Computers.

From 2016 to 2020 Julian was a Non-Executive Director at Arkle Finance. Currently in addition to running AFP, Julian has roles with financial services advisory firm T. Mistry & Associates (TMA) and Leaseurope, the European federation of leasing and car rental associations.

Asset finance and specialist consumer lending markets
regulatory support, insights and analysis