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Final Notice issued by the FCA for OAFC.


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10 minutes ago, League one forever said:

What is this likely to mean? 

 

That we can't broker finance for season tickets.  That's the top and bottom of it.

 

I wouldn't say it is "extremely worrying"... its just an example of incompetence on the admin side.

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9 minutes ago, kowenicki said:

https://www.fca.org.uk/firms/ccr007-consumer-credit-data-key-data-faqs

 

This is the data that is required for the CR007 return via the GABRIEL system on the FCA site.

 

I use the GABRIEL system often (for far more in depth stuff than this) and, whilst its a drag, its not that difficult.  

Do you know what GABRIEL stands for? 

 

 

GAthering Better Regulatory Information ELectronically. 

 

I think they spent more time coming up with the acronym than they did on the system! 

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1 hour ago, Dave_Og said:

Do you know what GABRIEL stands for? 

 

 

GAthering Better Regulatory Information ELectronically. 

 

I think they spent more time coming up with the acronym than they did on the system! 

 

Indeed.  Clunky as hell.  Timeouts are infuriating.

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8 minutes ago, al_bro said:

Does this all end if they submit the accounts, or is something else involved?

 

If they wanted to be re-authorised the would have to go through the whole application process again.  Starting with that final notice wouldn't be the best opening position.  It certainly wouldn't be instantaneous.

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