5 firms through FCA authorisation to date
By Peter Hartley | November 5, 2017
To date I have managed 5 firms through FCA authorisation, and have been involved in another.
CARS & JC International Acquisition LLC
As Head of Compliance at CARS (Creditlink Account Recovery Solutions Ltd), I was successful in guiding both CARS (FCA FRN 716456) and JC International Acquisition LLC (FCA FRN 717782) through authorisation. The challenges here were great – CARS was a debt collection agency, so the FCA had to be convinced that customers were being treated fairly, & JC International Acquisition LLC was a US debt purchaser, and there were various hurdles to be overcome with regard to this overseas ownership.
MDX Solutions, FPI Management
These two companies, both with the same ownership, were once fee-charging HCSTC brokers. As Compliance Director, I managed both through the transition from fee-charging to free to the customer, & then managed both through full FCA authorisation.
Kurdford Services Ltd
A new entrant to the HCSTC broker market, I was engaged as a consultant to take the company through full FCA authorisation, which was achieved in under two months.
Although I came late to the scene with NC, I was involved in the final stages of the authorisation process & was successful in getting the company over the line in May 2017.