Credit, Collections & Insolvency News
Intelligent Lending, trading as Ocean Finance has been fined £130,000 after sending more than seven million texts offering a new credit card powered by a major lender. Manchester-based Ocean Finance believed it was complying with the law because the third party firm it obtained names and phone numbers from claimed it had people’s consent to send…
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Leigh Berkley, President of the Credit Services Association (CSA), has been elected to the Board and appointed Vice President of the Federation of European National Collection Associations (FENCA), an umbrella body that serves to promote and develop European best practice, standards and legislation within the European debt collection industry. This strategic re-positioning at the top…
Read moreThe Financial Conduct Authority (FCA) will mark six months since the implementation of the Senior Managers’ and Certification Regime by providing feedback on implementation so far and proposing measures to further strengthen the regime. The proposed rules will reinforce the importance of individual accountability at the most senior level of organisations. The new measures are…
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