Proposed levy coincides with federal government withdrawal of funding for service that has prosecuted a lot more than 300 unlawful cash loan providers since 2004
The Financial Conduct Authority is supposed to be because of the capacity to introduce a levy that is new credit businesses from 2017 18. Photograph: Andy Hall The Observe.The Financial Conduct Authority would be provided the capacity to introduce an innovative new levy on credit rating businesses from 2017 18. Photograph: Andy Hall The Observer
Final modified on Thu 7 Mar 2019 19.45 GMT
Pay day loan organizations and credit card issuers might be charged a cost to invest in the ongoing work of groups cracking down on loan sharks, the chancellor has established. Continue reading “Payday loan providers and credit companies to cover ‘illegal money’ enforcement groups”