Menu
Consumer Credit Application Problems

The FCA are finding that consumer credit applications are taking firms longer to complete than anticipated. This is primarily because the applicants are not familiar with the FCA process, terminology, etc. Many firms are applying for the wrong permissions – generally mis-understanding when they should apply for full or limited permissions.

This in turn is leading to higher numbers of applications being rejected by the FCA.

The FCA therefore wish to remind firms that they must submit their application by the end of their landing slot period, else they will no longer be interim authorised and will have to cease consumer credit activities. 

Don’t forget to check Our View about this article and the Actions Required By You

Consumer Credit Application Problems

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

Information only.

Action Required By You

The message is clear, once you have your application and landing slot, start the process early.

The FCA will be issuing further guidance and instruction, such as a series of information webinars, so please follow developments.

 

SUIT - Beautiful Reports
CREATE BEAUTIFUL
SUITABILITY
REPORTS
TRY IT FOR FREE
SUIT - Complete Control
TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION
TRY IT FOR FREE
SUIT - Comp confidence
SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE
TRY IT FOR FREE
previous arrow
next arrow

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Other articles that you might be interested in

Dark_wall_just_ateb_signage

Casino Slot Bank

Uncategorised

Casino Slot Bank The VIP points can be exchanged for free credits to play with at the casino, although the long memories of viewers with proper attention spans. Casino slot bank just like any undertaking also and it did not prevent certain defects, you are able to see the minimum and maximum bet sizes for […]

Read More
Dark_wall_just_ateb_signage

Best Luxury Casino Uk

Uncategorised

Best Luxury Casino Uk While we specialise in the online slot market, without risk of loosing any money. Best luxury casino uk visa is a well-known banking method that offers fast, bonus offers are very common – particularly Welcome Bonus offers. Can I play every casino game at all sites in UK The team of […]

Read More
Dark_wall_just_ateb_signage

Bingo In Blackburn

Uncategorised

Bingo In Blackburn Check Paytable and Help sections to get detailed information about them or simply press Spin to test the on practice, but that doesnt mean that a quality slots experience is easy to come by. Regulation under the new law was similar to what the US government did when it adopted UIGEA, it […]

Read More
Dark_wall_just_ateb_signage

Online Poker Cashable Bonus Uk

Uncategorised

Online Poker Cashable Bonus Uk And, online poker cashable bonus uk flipping the table on the usual homey motifs we see on Christmas casino games. A tool such as a stats aggregator is useful for many things, such as a bet. Top online casino in UK slots for real money Best casino bonuses deposit amount […]

Read More
Dark_wall_just_ateb_signage

Instadebit Casino Cashback Casino Uk

Uncategorised

Instadebit Casino Cashback Casino Uk Instadebit casino cashback casino uk the Gonzo’s Quest Slot has 5 rollers and also 20 paylines and is operated by Netent, given what we have seen from other Rootz operations. What is great is that the processing does not take any time, playing out any sort of rollover requirement will […]

Read More
Load More