Leasing broker members who received audits during 2018 are reminded to check their action points to ensure that any required actions have been implemented.
Brokers should consider their FCA permissions, take a regular review of business activity and if anything has changed ensure that current FCA permissions are still relevant.
Authorisation from the FCA will be required for regulated consumer credit activities, some activities will require limited, some full permission.
Regulated consumer credit activities include providing financial products to consumers, broking consumer credit products and offering debt advice or management.