Around 30 million car finance loans are under scrutiny by the City watchdog to see if they qualify for mis-selling compensation payments, according to its chief executive. On Tuesday, Nikhil Rathi, the Financial Conduct Authority (FCA) chief executive, said the agency was examining the agreements – which were taken out between 2007 and 2020 – to see if they were mis-sold by banks and qualify for the FCA’s mass redress scheme. Although Mr Rathi said not all the loans would qualify for compensation, he add ...