Enforcement Conduct Board launches Standards
The Enforcement Conduct Board has launched its long-awaited Standards for enforcement work. This launch represents months of research, consultation, and collaboration with stakeholders across the whole sector and the new standards are being launched with strong support and endorsement from both the debt advice sector and the enforcement industry. The Standards set a clear, measurable framework […]
Read MoreNew Financial Inclusion Commission Research highlights growing financial exclusion across the UK
The need for a Treasury-led National Financial Inclusion Strategy is again highlighted by new research published by the Financial Inclusion Commission (FIC) in the Houses of Parliament on Tuesday 22 October. The research, commissioned by FIC and carried out by the Centre on Household Assets and Savings Management (CHASM) at Birmingham University, highlights the harms financial exclusion […]
Read MoreInsolvency Service research shows concerning level of poor practice in the IVA market
Latest research commissioned by the Insolvency Service has shown evidence of poor practice among providers of Individual Voluntary Arrangements. Individual Voluntary Arrangements (IVAs) are a legally binding agreement between a person who is insolvent and their creditors. They are administered by licensed Insolvency Practitioners, usually last for between five and six years, and give people […]
Read MoreGovernment launches consultation on bringing Buy-Now Pay-Later companies under supervision of FCA
Buy-Now, Pay-Later products have become increasingly popular in recent years as they allow people to spread the cost of purchases over time, but users currently do not have access to a range of key protections provided by other consumer credit products. The Government has launched a consultation on proposals to fix this by bringing Buy-Now, […]
Read MoreBob’s Blog: MALG Update October 2024
Hello to all our Members and Associates! In this issue of Bob’s Blog: MALG Conference 2024 – ONE WEEK LEFT TO BOOK! MALG National Members Meetings MALG Friday Forum New MALG Members MALG Regional Meetings Latest money advice/debt sector news MALG Conference 2024 – ONE WEEK LEFT TO BOOK! The MALG Conference 2024 is now just […]
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