The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit

3rd July 2016 Regulation and Compliance |

The Financial Conduct Authority (FCA) shares thoughts on whether consumers would benefit from further regulation of the peer-to-peer lending market with the Bank of England

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Andrew Wilson of Andrew Wilson & Co has been appointed the new Chairman of the High Court Enforcement Officers Association (HCEOA)

3rd July 2016 Regulation and Compliance |

Andrew Wilson of Andrew Wilson & Co has been appointed the new Chairman of the High Court Enforcement Officers Association (HCEOA).

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The number of complaints made against debt collectors have fallen over the last 12 months

3rd July 2016 Arrears and Recoveries |

According to the latest figures from the Financial Ombudsman Service (FOS).

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Poor Service results in Protest Debt

1st July 2016 Consumer Collections |

Research by Echo Managed Services suggests that consumers are purposely withholding payments as a result of poor customer service or billing issues. Full details of the report can be found here.

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FCA approved companies announced so far

12th June 2016 Arrears and Recoveries |

Here is a list of credit industry companies approved by the Financial Conduct Authority (FCA) announced so far: Agilsys Burlington London House Wrights Recoveries Myjar Debt Managers Allied Credit Management Akinka CCS collect Spratt Endicott CRS Luna Finance Cash on Go/Peachy.co.uk BW legal Trusted Quid Ferrantum Drydens Fairfax Hilton Baird Uncle Buck Cabot Credit Management Face…

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It currently takes an average of seven to fill an open permanent job vacancy in the financial services industry

12th June 2016 Consumer Collections |

It currently takes an average of seven to fill an open permanent job vacancy in the financial services industry, according to new research by specialist recruitment firm Robert Half Financial Services. Function in financial services company – Median weeks taken to fill an open permanent vacancy is listed here: Risk – 8.20 Compliance – 8.09…

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UK Asset Resolution (UKAR) agreed to sell a £13 billion asset portfolio

12th May 2016 Consumer Collections |

UK Asset Resolution (UKAR) agreed to sell a £13 billion asset portfolio from the legacy book of NRAM (including £12 billion of loans within the Granite securitisation vehicle, plus a further £1billion of non-Granite assets) to Cerberus Capital Management LP.

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