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FCA releases list of 19,000 unregulated firms
A list of companies that have failed to register for Interim Permission has been published by the Financial Services Authority (FCA). Firms that held an Office of Fair Trading (OFT) consumer credit licence (CCL) and intended to continue carrying out consumer credit activities had to register for interim permission. Overall, the regulator said 49,405 firms obtained interim permissions, compared with just over 19,000 that did not.The FCA’s list names every firm that previously held an OFT-controlled CCL licence, but has not, for any reason, obtained interim permissions..........Read more hereYou must be logged in to post a comment.
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