Regulatory Alerts2015-11-30
Addendum to Consumer Protection Code 2012 - July 2015
The Central Bank of Ireland issued this addendum to extend the Consumer Protection Code 2012 to credit servicing firms following the enactment of the 2015 Act. Effective July 8, 2015, credit servicing firms are classified as regulated entities and must apply for authorization from the Central Bank. The document amends the Code's scope and definitions to explicitly include credit servicing firms within the regulatory framework.
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