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Consumer credit licence quarterly update

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  • Consumer credit licence quarterly update

    I'm not sure if this is the right forum for this so feel free to move it if it's not.


    ''The OFT has conducted 61 licensing actions in the third quarter of 2007 (July - September 2007). The OFT refused seven consumer credit licence applications and revoked four existing licences. The OFT also published 12 minded to revoke or refuse notices''

    http://www.oft.gov.uk/news/press/2007/176-07

  • #2
    Re: Consumer credit licence quarterly update

    I like this line from the press release............

    "Some of the fitness issues taken into account include acts of fraud, theft, dishonesty, physical violence, handling of stolen goods, actual bodily harm, breaching a community punishment order, obtaining property by deception, offences relating to the Trade Descriptions Act, Trade Marks Act, Copyright Act and Protection of Animals Act and breaches of the Consumer Credit Act and other consumer protection legislation."
    "The issue which has swept down the centuries
    and which will have to be fought sooner or later
    is the people versus the banks."

    [John Emerich Edward Dalberg Acton] (1834-1902), First Baron Acton of Aldenham

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