Debt management crackdown affects more than 30 firms so far

Financial Conduct Authority (FCA) regulation has begun to bite in the debt management industry, with a number of firms either refused authorisation directly, or voluntarily exiting the sector altogether. Since 1 April, at least two firms have been refused FCA authorisation, seven more have had their bank accounts frozen and a further seven directed to […]



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Debt management crackdown affects more than 30 firms so far

Debt management crackdown affects more than 30 firms so far

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Financial Conduct Authority (FCA) regulation has begun to bite in the debt management industry, with a number of firms either refused authorisation directly, or voluntarily exiting the sector altogether.

Debt management crackdown affects more than 30 firms so far