Supporting automotive retailers with FCA compliance
ITC Compliance is a market-leading FCA Appointed Representative network for the UK motor industry. With over two decades of experience supporting automotive retailers, lenders, and manufacturers we help dealerships offer finance and insurance products compliantly, efficiently, and with confidence.
Why motor dealers choose ITC Compliance
Simplified access to regulated automotive finance and insurance
Motor retailers whose primary business is vehicle sales can carry out regulated insurance and consumer credit activities through ITC Compliance as their Principal Firm. This removes the need for direct FCA authorisation while providing a compliant framework for selling finance, warranties, GAP, and other regulated products.
Reduced regulatory burden for dealerships
Operating under ITC’s Appointed Representative status allows dealerships to avoid direct FCA scrutiny, reporting obligations, and senior management liability. ITC assumes responsibility for regulatory oversight, systems, and controls, significantly reducing risk and administrative burden for motor retailers.
Consumer credit expertise
ITC provides robust consumer credit systems that support fair outcomes and regulatory compliance. Through decision trees, documented affordability checks, transparent disclosures, and full audit trails, dealerships can evidence compliance while protecting themselves, their customers, and their finance providers from potential complaints or redress.
Ongoing oversight and support
Motor retailers benefit from dedicated account management, experienced field compliance specialists, and ongoing risk-based monitoring. This includes audits, call monitoring, financial promotion reviews, and continuous horizon scanning to ensure dealerships remain aligned with FCA expectations as regulation evolves.
Additional Apex solutions
ITC offers more than just automotive compliance, we have designed a suite of complementary products that will benefit your business by saving valuable resources and time to increase profitability.
Online F&I Logs
Allow you to take control of your business and review overall profitability on a deal basis. Whether an individual dealership or group, sales performance can be extracted, providing a comprehensive overview by product and provider for finance and insurance providing the data required to maximise profitability. F&I logs also allow for chassis and non-regulated value-added-products (VAPs) such as paint or accessories to be included.
Licence Scan
This application is compatible with Android or Apple devices and identifies if a customer’s Driving Licence is valid against information held by the DVLA. It returns their eligibility to drive under your insurance against configurable suitability questions and validation rules (e.g. penalty points and driving offences).
Electronic Dealfile
Provides a secure online data storage and auditing facility for all departments of your business. Reduces the risk of lost or destroyed paperwork whilst meeting GDPR requirements. Dealfile gives you the control you need and the ability to audit files anywhere, thus reducing storage space and costs. The audit function provides valuable admin metrics.