We noted with interest your committeeвЂ™s inquiry in to the effectiveness of credit rating legislation and I also am composing towards the committee to deliver understanding of just just how the united kingdom regulatory authorities could study on other jurisdictions that run efficient and economical regulatory regimes.
This page covers three areas:
1. Global perspectives from the NAO report to the OFTвЂ™s legislation on credit rating.
2. Launching rules for managing credit rating.
3. Effective enforcement of guidelines.
1. Overseas perspectives on the NAO report in to the OFTвЂ™s regulation on credit rating
My business, Veritec provides an information system that allows regulators to efficiently enforce legislation of payday, home along with other term consumer lending that is short.