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Between January 1 to March 31, 2026, there were two Compliance Undertakings. These undertakings involved:
Engaging in a deceptive act or practice, breach of the Code of Conduct, engaging in a unconscionable act or practice, and failing to act with honesty and integrity.
During this same time period, there were seven decisions issued by the Registrar.
All formal compliance activities are posted on the VSA website within seven days of the decision date. Previous compliance activity reports are also available on the VSA website and may be a useful tool for dealers to evaluate their current business practices.
The Compensation Fund Board approved one claim and denied five claims in this period.
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