TLT has been named Legal Advisory Firm of the Year at Credit Strategy's Car Finance Awards 2018 in recognition of its leading position in the market and the quality of its team.
The award also recognises the team's considerable growth over the last twelve months, as car finance providers increasingly look for advice on the continuing FCA review into the market and other regulatory and commercial issues.
Russell Kelsall, partner and head of consumer and motor finance at TLT, says: "We are one of the most credible advisers in the car finance market and the team works incredibly hard on behalf of our clients, so it's a real honour to receive this award.
"There is a lot of change happening in the motor finance industry at the moment, especially from a regulatory perspective. We are pleased to be supporting our clients as they work through these ongoing reviews and prepare for the changes that are likely to be coming down the line."
On 12 October 2018, the FCA published a Guidance Consultation (GC 18/4) on the Senior Managers and Certification Regime on statements of responsibilities (SoRs) and responsibilities maps (which apply to enhanced firms).