The UK's Financial Conduct Authority (FCA) is seeking an expedited decision from the Supreme Court on two important cases involving auto lenders and their treatment of customers.
Close Brothers Group Plc and South Africa's FirstRand Ltd. are appealing unfavorable rulings from last month.
These cases are being closely watched by investors as they are expected to impact the FCA's ongoing regulatory investigation into the car finance sector.
The FCA's actions demonstrate a broader commitment to fairness and transparency in the auto lending market.