The Arrow Global entities of Arrow Global Limited, Arrow Global Legh Limited and Arrow Global Massey Limited, have received their full Financial Conduct Authority (FCA) authorisations.
In April 2014, the debt purchase and management industry, along with the wider consumer credit industry, saw a change in regulator from the Office of Fair Trading (OFT) to the FCA. At the time, companies were granted interim permissions and were allocated a ‘landing slot’ where they could apply for full FCA authorisation. Arrow Global was allocated a Q3 2015 application slot and since this date has been working with the FCA on full authorisation.
We have now received notification of the successful completion of this application process and have received full FCA authorisation.
Following this news, customer accounts are unaffected and will continue to be operated in accordance with FCA regulations.