Secure Trust Bank (STB) has announced that, following an initial assessment of the FCA’s recently published final rules, no adjustment to its motor finance commission provision is currently required. STB commented that the ultimate financial impact remains uncertain, and considers that the FCA’s approach to assessing fairness is not aligned with the Supreme Court judgment in Johnson vs FirstRand, where the test for unfairness is highly fact specific and must consider all relevant factors.
14 Apr 2026
PROGRESSIVE: Secure Trust Bank - Initial assessment: No further motor finance provision required
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
PROGRESSIVE: Secure Trust Bank - Initial assessment: No further motor finance provision required
Secure Trust Bank Plc (STB:LON) | 1,277 -284.8 (-1.7%) | Mkt Cap: 244.0m
- Published:
14 Apr 2026 -
Author:
Mike Trippitt -
Pages:
4 -
Secure Trust Bank (STB) has announced that, following an initial assessment of the FCA’s recently published final rules, no adjustment to its motor finance commission provision is currently required. STB commented that the ultimate financial impact remains uncertain, and considers that the FCA’s approach to assessing fairness is not aligned with the Supreme Court judgment in Johnson vs FirstRand, where the test for unfairness is highly fact specific and must consider all relevant factors.