Credit Broking Survey
The Financial Conduct Authority will shortly be sending a survey to all firms holding the credit broking permission. The survey will give the regulator an updated view of whether and how firms are using the credit broking permission and will help the FCA mitigate risks of harm to consumers.
The Questions will be relevant to the firm’s business model and include, for example, the type of credit broking activity carried out, including how the firm is remunerated and how many creditors the firm has a relationship with.
For brokers using a premium finance provider . . .
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