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The Credit Services Association (CSA)
Debt Management - AP02 Lapsed Firms
The following email has been received today from Denise Sbraga of the Consumer Credit Department at the FCA:
Of the known Debt Management Firms we have been monitoring we have listed seven firms whose interim permission lapsed at the end of AP02. Where a firm intended to apply but did not, we understand affected clients have been written to.
As before we would expect firms to use the FCA’s publically accessible Interim Permission Consumer Credit Register (see: http://www.fca.org.uk/firms/systems-reporting/consumer-credit-register) as part of their dealings with debt management firms.
Members should show forbearance to any customers affected, and as there has been some confusion with trading names recently, Members may wish to check the status of trading names on the DMC's website, where applicable.