Callcredit Information Group has announced that it has achieved full Financial Conduct Authority (FCA) authorisation. The authorisation process involved the Group companies demonstrating they had in place robust business plans, risk management frameworks, and had adequate systems and processes in place to support fair consumer outcomes. In addition, the companies were required to propose a number of senior figures as “Approved Persons” under the FCA regime.
Mike Gordon, Chief Executive Officer, Callcredit Information Group, said: “This is an important milestone for the Group and a key element to ensuring we deliver on our ongoing growth strategy. Full FCA authorisation means we now mirror a growing number of our clients who are also transitioning from the initial interim permissions themselves. As a business we are and we remain committed to the highest operating standards and a relentless focus on doing what is right for the consumers whose data we hold, and for our clients. We will continue to work hard in maintaining these standards, further enhancing our business model to ensure that it remains fit for purpose and so that we can continue to meet the expectations of consumers, our clients and our regulator.”