Today we have published changes to the SAF Expert training material and test. An overview of the changes are provided here which cover:
- Commission and disclosure - new and updated FCA rules on the prohibition of discretionary motor finance commission and disclosure
- Fraud prevention - covering some of the key fraud risks relating to non-face-to-face sales channels that have become widely used over the pandemic period
- Distance selling - clarifying distance sales regulations and highlighting some key considerations relating to distance hire and credit agreements
The new SAF Expert training material is live now and available on our Training Material page here. Changes to the SAF Expert test have also gone live today, 22 March 2021.
Any questions regarding the new material should be sent to saf@fla.org.uk.