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|FCA recognises support of CSA in managing market issues|
|Wednesday, 27 May 2015|
The Credit Services Association (CSA), the voice of the UK debt collection industry, has welcomed a speech by the Financial Conduct Authority (FCA) that recognises the Association’s help in understanding and managing market issues.
In a speech last month at the FCA’s third consumer credit event for trade bodies, Linda Woodall, the acting director of Supervision – Retail and Authorisations Division at the FCA, said that credit trade associations have a big part to play in helping the authority address ‘market issues’: “The CSA has worked closely with us in developing an appropriate position regarding ‘process servers’ and the circumstances in which they would/wouldn’t be required to be authorised,” she said. “This position has now been formalised by the Government.
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