Consumer Credit Licence Fiasco - STOP PRESS! ... A highly - TopicsExpress

Consumer Credit Licence Fiasco - STOP PRESS! ... A highly placed source at the SRA has assured me that the Handbook WILL be updated on 1st April (edition 9) to enable regulated firms and solicitors to carry on doing the financial work previously covered by the group licence during the transitional period from OFT to FCA which runs from April to October. So no need to run off and get a licence just yet. BUT, no progress has yet been made with what will happen from October onwards. Watch this space ...

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