Christians Against Poverty (CAP) has been granted full authorisation by the Financial Conduct Authority (FCA). The FCA took over from the Office of Fair Trading in 2014 and was given significant powers to regulate more than 50,000 consumer credit firms. Debt advice is a regulated activity and this authorisation allows CAP to continue to provide top-quality debt help to those burdened by debt across the UK.
As the news was announced, CAP’s CEO Matt Barlow said, ‘We fully support the FCA in its mission to ensure best practice in the industry on behalf of the consumer. It has long been our goal to offer the very best service to some of the most vulnerable in our society and therefore I’m delighted that the FCA has given us this official authorisation.’