CCR Magazine

You are here  :Home arrow News arrow Hoist Finance UK achieves FCA authorisation
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Hoist Finance UK achieves FCA authorisation PDF Print E-mail
Wednesday, 27 July 2016
Hoist Finance UK, the pan-European debt restructuring partner, has achieved authorisation from the Financial Conduct Authority (FCA) – the official ‘stamp’ from the new regulator that serves as permission for Hoist Finance to carry out certain regulated activities within the consumer credit space. Authorisation is a requirement of the Financial Services and Markets Act.

The application to achieve authorisation was rigorous; the FCA reviewed Hoist Finance’s processes and procedures, and scrutinised every detail of its activities over a ten-month period. The FCA agreed that Hoist Finance met the threshold conditions for approval and that the running of the firm was conducted in a fit and proper manner.

Najib Nathoo, Regional Director, says that authorisation confirms the company’s place as a leading force within the industry, and the transparency of its operations: “We are very happy to have succeeded in achieving authorisation,” he said, “but this is the beginning and that means we cannot rest on our laurels. We will continue to evolve new ways of working with customers and clients that deliver the best outcomes and set the benchmark for best practice within our industry.”

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197