Startline Motor Finance names regulatory reporting manager
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Startline Motor Finance names regulatory reporting manager
In his role, Garman will ensure accurate regulatory reporting and enhance oversight across Startline. His responsibilities also include promoting data-driven insights to track operational risks and ensuring favourable outcomes for customers. Garman, a University of Stirling graduate, previously served as director of the group data and analytics office at HSBC. He previously worked as vice president of technology and information risk at Morgan Stanley and as an analyst for the national intelligence policing model at the Association of Chief Police Officers in Scotland. A survey by Startline showed that more than seven out of ten UK motorists are open to purchasing vehicles from emerging Chinese car manufacturers.
UK’s Startline Motor Finance has appointed Chris Garman as the regulatory reporting and oversight manager.
In his role, Garman will ensure accurate regulatory reporting and enhance oversight across Startline.
His responsibilities also include promoting data-driven insights to track operational risks and ensuring favourable outcomes for customers.
Garman, a University of Stirling graduate, previously served as director of the group data and analytics office at HSBC.
He previously worked as vice president of technology and information risk at Morgan Stanley and as an analyst for the national intelligence policing model at the Association of Chief Police Officers in Scotland.
Startline Motor Finance CEO Paul Burgess said: “We are very pleased to welcome Chris to the team. With an ever-higher regulatory focus being an established part of motor finance, he will play a key role in shaping internal operations in a manner that puts the customer first, ensuring compliance and building long-term trust.”
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Garman commented: “Given the increasing focus on data-led oversight from the Financial Conduct Authority and the complex landscape of consumer credit regulation, I will be helping ensure that Startline maintains compliance with all relevant requirements.
“My aim is to drive transparency, and continually improve data quality and governance, as well as being ready to readily adapt to future regulatory change to minimise disruption.”
A recent survey by Startline showed that more than seven out of ten UK motorists are open to purchasing vehicles from emerging Chinese car manufacturers.
In the survey, 72% of respondents expressed willingness to consider Chinese cars.
BYD emerged as the most recognised brand among potential buyers, with 28% awareness, followed by Maxus at 19% and Chery at 14%.
Other brands such as Aiways, Denza, and Jaecoo each garnered 11%, while Omoda and Xpeng stood at 10%. Nio, Skywell, and GWM Ora achieved 9%, with Leapmotor, Lynk & Co, HiPhi, and Zeekr trailing.
Source: https://www.motorfinanceonline.com/news/startline-names-regulatory-reporting-manager/