Hitachi Capital Business Finance continues support for FCA approved brokers

Following the success of Hitachi Capital Business Finance’s comprehensive help to introducers starting and going through the journey to full permission, they will be hosting a series of ‘follow up’ sessions in February and March. They will be aimed at Introducers who are working toward their full permission or have actually attained it, including help with reporting to the regulator and what to expect from the governing body.

The seminars, which will be attended by over 250 brokers, will give them the opportunity to ask any questions they have regarding the FCA guidelines and provide them with practical guidance and support on how to meet the on-going FCA obligations. With small businesses being the life source of the UK economy, research through Hitachi Capital’s British Business Barometer found that almost one in two SMEs (47%) say that red tape (including Bureaucracy and Regulation) is one of the main concerns for small businesses and is on the increase (up a significant 16% (31%) on 12 months ago).

Gavin Wraith-Carter, general manager at Hitachi Capital Business Finance said:

“We are delighted with the success of the Broker compliance services programme to date, and that it has helped so many brokers with their FCA approval. The feedback received so far suggests that this type of service is both informative and essential to help brokers navigate the complexities of FCA regulation and authorisation. It is important for us that our support is on going even when approval has been reached, especially as the process is so new and we don’t have historical examples of good practice. We hope that our follow up seminars show brokers the importance of keeping up with the sector and working to the highest professional standards.”