An organisation claiming to be the regulator for the booming but "cowboy-plagued" IVA industry has itself come under fire from the Department of Trade and Industry, reports the Times .
The DTI is concerned the organisation, IVA.com, is claiming to be a regulator and is displaying the logo of the DTI’s official Insolvency Service without permission. IVA.com launched its website last week, carrying the title “IVA Industry Regulators” on its masthead and acting as a forum for IVA customers to name allegedly irresponsible IVA firms. The DTI said it knew nothing about the organisation and would be trying to get the logo removed, says the paper. The British Bankers’ Association (BBA) was also unimpressed after the BBA logo was used without permission. FINANCIAL SERV...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
