One of the Oracle Capital Group’s Companies Granted FCA Licence for Consumer Credit Services

One of the Oracle Capital Group’s Companies Granted FCA Licence for Consumer Credit Services

Oracle Capital Group is proud to announce that the UK Financial Conduct Authority (FCA) has granted one of its companies the licence to offer consumer credit. This represents another important stage in the growth of Oracle Capital Group’s offering to its clients.

A major reason why clients choose to register their businesses, keep their money or, indeed, settle in the UK is the strength of regulation in the country. So to appreciate the full significance for Oracle Capital Group of this development, it is important to understand the place of the FCA in the scheme of regulation of financial services in the UK.

The role of the FCA is to make sure markets work well so that consumers get a fair deal. To do this, the FCA maintains and ensures the integrity of the market; regulates financial services firms to guarantee that they give their clients a fair deal; and ensures that the financial services market is competitive.

In order to offer consumer credit, any firm in the UK must be authorised by the FCA. Now that one of the Oracle Capital Group’s companies has been granted a licence to provide consumer credit services for our clients, these clients can rest assured that their concerns will be dealt with in the professional and confidential manner which has become the hallmark of our Company’s work.

Consumer credit will be offered as a separate service and will bolster the services provided by other companies within the Group. This will allow the Group’s clients to optimise various banking and transactional costs and thus to offer the ease of conducting business with the entire Oracle Capital Group.

As ever, we look forward to discussing your personal needs with you.

Should you wish to receive recommendations, ask questions or get in touch with our experts, please email us info@orcap.co.uk or call +44 (0) 207 725 6900

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