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|Cabot Credit Management Achieves FCA Authorisation|
|Monday, 14 March 2016|
Cabot Credit Management Ltd (CCM), the UK’s leading credit management service (CMS) provider is delighted to announce that it has been granted FCA authorisation.
Ken Stannard, Group Chief Executive Officer, Cabot Credit Management, said: “We have been working closely with the FCA from the onset and we are delighted, to be the first of the larger CMS providers in the UK to be authorised.
“We have always strived to have a professional and compliant approach to our business, and to ensure the customer is the focus of everything we do. Our authorisation will give our creditor clients further confidence in their outsourcing, contingency and debt sale strategies.”
Bennedetta Peto, Chief Conduct and Risk Officer, added: “Achieving FCA authorisation is a great milestone, but we recognise that this is only the first step. We are fully committed to take the learnings from this authorisation process forward to further enhance customer outcomes and experiences.”
In the UK CCM continues to grow each of its four distinct businesses namely debt purchase from Kings Hill, legal services from Worthing, and contingency collection and business process outsourcing from Brackley.
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