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The UK Supreme Court is ruling on a car finance mis-selling scandal. Two key issues are involved: the legality of discretionary commission arrangements (DCAs), where dealers received commissions based on interest rates charged to customers; and a broader investigation into hidden commission payments to dealers by lenders. The Financial Conduct Authority (FCA) banned DCAs in 2021 and is considering compensation for affected customers. The Supreme Court's decision will impact the scale of potential compensation payouts, with an announcement expected within six weeks.

Prepared by Christopher Adams and reviewed by editorial team.