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|Zuto leads industry with FCA authorisation|
|Wednesday, 01 July 2015|
Car buying expert, Zuto, has received authorisation from the UK’s Financial Conduct Authority (FCA) to provide consumer credit broking and intermediation services in relation to car sales and hire, making it among the first within the car finance industry to secure accreditation.
In April 2014 the FCA took over regulation of consumer credit from the Office of Fair Trading, requiring all firms involved in consumer credit brokering or intermediary services to become authorised. The FCA’s predecessor, the Financial Services Authority, previously regulated Zuto since 2006 for the sale of general insurance.
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