StepChange Debt Charity receives FCA authorisation

_{11 November, 2016}

The Foundation for Credit Counselling, trading as StepChange Debt Charity and StepChange Debt Charity Scotland, has received authorisation from the Financial Conduct Authority (FCA).

Following news of the approval of the charity’s application, Mike O’Connor, Chief Executive of StepChange Debt Charity, said:

“Our FCA authorisation is testament to the charity’s work in providing the highest standards of free advice to people struggling with problem debt. There are millions of people struggling with problem debt who need help to get back on their feet. We provide the practical help people need and campaign for reforms that will take us closer to a society free from problem debt.”

Notes to editors

1. The Foundation for Credit Counselling had been operating under interim FCA permissions following the transfer of regulatory powers from the Office of Fair Trading (OFT) to the FCA in April 2014.