(Corrects size of provision to 295 million pounds, not 293 million pounds, in paragraph 2)
(Reuters) -Santander UK on Wednesday said it has decided not to publish its third-quarter results as the lender seeks clarity on the UK financial regulator’s proposals related to the motor finance mis-selling scandal.
Santander UK added that it does not expect a material impact on its capital or liquidity position as a result of any potential increase to its existing motor finance provision, which was previously estimated at 295 million pounds to cover compensation.
The lender did not provide a new date for the third-quarter results, but said it expects to be in a position to give further information at its fourth-quarter update scheduled in February.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Janane Venkatraman)
