Ann: Half Yearly Report and Accounts, page-14

Yes there's always that risk but if you look at how MNY dealt with small loans they were always ahead of the regulations doing more than required & helping shape best practice.
When compared to the big 4 banks MNY are saints! (see the comment in the results about not using commissions that were banned).

MNY have and still are seen by too many investors as a high risk payday lender when they are not. Even if there was a clamp down on auto loans i doubt whether it would effect the sentiment on MNY.

I'm happy for MNY to continue to fly under the radar & continue their good work rather than to become the focus of the herd.j