We noted with interest your committee’s inquiry in to the effectiveness of credit rating legislation and I also have always been composing to your committee to offer understanding of exactly exactly exactly exactly how great britain regulatory authorities could study from other jurisdictions that run efficient and economical regulatory regimes.
This page covers three areas:
1. Global perspectives regarding the NAO report in to the OFT’s legislation on credit rating.
2. Launching rules for managing credit rating.
3. Effective enforcement of guidelines.
1. Global perspectives in the NAO report to the OFT’s legislation on credit rating
My business, Veritec offers a information system that permits regulators to efficiently enforce legislation of payday, home along with other term consumer lending that is short. Veritec has over ten years’ connection with working with US regulators in 14 various states, addressing 88 million customers. Along with its operate in the usa, we now have additionally advised the Provincial Governments of Ontario and British Columbia in Canada, therefore the authorities of Australia. Read more
