oldtimer
Member of DD Central
Posts: 211 
Likes: 156
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Post by oldtimer on Dec 13, 2017 11:24:03 GMT
Hi Collateral RepAny news on the progress of full authorization and when we can expect an IFISA. Is it likely to be this tax year? |
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des
Posts: 119
Likes: 78
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Post by des on Jan 18, 2018 14:51:08 GMT
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Post by Collateral Rep on Jan 18, 2018 17:10:15 GMT
Hi des, Our FCA application is still ongoing. Many thanks, Gordon |
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izigor
Member of DD Central
Posts: 162
Likes: 86
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Post by izigor on Feb 6, 2018 2:02:16 GMT
Hi Gordon, when you do receive the Full FCA Authorisation, what is your plan for IFISA offering? Do you intend to have include the same loans on offer in the non-IFISA account at the same rates?
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elliotn
Member of DD Central
Posts: 3,063
Likes: 2,681
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Post by elliotn on Mar 30, 2018 2:47:36 GMT
Hi des, Our FCA application is still ongoing. Many thanks, Gordon How was that possible? You were incorporated Nov 2014, 8 months after the FCA interim permission cut off of April Fool's Day. You only applied for full authorisation in Mach 2016 but opened the platform in May 2016. The money the directors spent in the two years doing research and taking the best aspects of the industry should have revealed you could not do so without full authorisation. You also received legal advice that you were not carrying out regulated business and had actually withdrawn your application. So what fca application was still ongoing in Jan 2018 - the non-existent one that kept up the appearance of complying with "fca guidelines for credibility within the industry" ie taking our money?
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oik
Member of DD Central
Posts: 254
Likes: 349
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Post by oik on Apr 1, 2018 13:27:47 GMT
So what fca application was still ongoing in Jan 2018 - the non-existent one that kept up the appearance of complying with "fca guidelines for credibility within the industry" ie taking our money? Lesson seems to be that if you are able to appoint an understanding insolvency practitioner then both need to agree on the story line.
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