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We have recently reviewed our interpretation of the consumer credit legislation for Limited Permission secondary credit brokers.Specifically, how the legislation applies to credit broking firms whose main business activity is the supply of non-financial services.
As part of this review, firms that were authorised as a Full Permission credit broker firms may be eligible to become authorised as Limited Permission firm, depending on what activities they undertake.
Firms can use the decision tool on our website for further information about whether they may be impacted by our review.
https://www.fca.org.uk/news/news-sto...ondary-brokers
