FLA Welcomes Ernst & Young LLP Into Membership

13 July 2006

FLA is pleased to announce that Ernst & Young LLP has become the latest business to join its Consumer Finance Division as an associate member.

Ernst & Young is a global professional services firm, which is entirely owned by its partners. It employs 100,000 people in 140 countries, earning global revenues of almost $17 billion in 2005. The Financial Services business in the UK employs over 1,500 people. John Worth, a partner at Ernst & Young, said:

“We are very pleased to be joining the FLA - the Association has a great track record of helping the Asset, Consumer and Motor Finance business community.  Ernst & Young already works alongside many FLA members and we look forward to continuing to provide support in the areas of accounting, assurance, risk and regulatory advice and transaction advisory services.” 

FLA’s Director-General, Martin Hall, welcomed the news:

“We are delighted to welcome Ernst & Young into the FLA. We are delighted they have decided to join FLA and add their knowledge and expertise to our consumer finance division and we look forward to working with them. “