Press Release
FLA CALLS FOR CAUTION ON DATA RESTRICTIONS
1 June 2007
The Finance & Leasing Association (FLA) today welcomed plans to simplify company law. However, in its submission to a DTI consultation, it warned of grave, unintended consequences for consumers and businesses of any restriction on the availability of director’s home address data for credit-checking purposes.
FLA Director General, Martin Hall, said:
“It is important that lenders should be fully informed if they are to make competent and responsible lending decisions and play their part in countering financial crime. Equally we acknowledge that some directors need a high level of protection. We believe our response strikes the right balance between the two requirements.”
Latest Press Releases
- FLA Launches Good Practice Guidelines For Second Charge Mortgage Lenders
- FLA Highly Disappointed With Commission’s PPI Recommendations
- FLA Responds To New Mortgage Protocol
- FLA Calls On Government To Support Asset Finance For Small Businesses
- FLA Welcomes Consumer Credit Act Implementation
- FLA And Rmif Agree Memorandum Of Understanding
- The Finance & Leasing Association Responds To FSA On PPI
- Great Time To Buy A Car, Say NFDA And FLA
- Responsible lending consultation welcomed by FLA
- FULLY SHARIA'A COMPLIANT MEMBER WELCOMED INTO FLA
Spread your message to an audience that counts, with options available for our website, email bulletins and publications including The House Magazine.
