We are now well into the swing of 2023 and it’s set to be another exciting year for Consumer Credit Compliance. To kick off the year we talked to our Co-Founder and Director, David Petty.
David is an experienced business leader with over 25 years of IT network infrastructure experience and has gained the highest qualifications over this period of time. He also has a solid knowledge of the technological side of compliance and his in-depth understanding of IT allows him to ensure that all our computer systems and network structures are always secure and up to date.
We wanted to get to know a little more about David and his thoughts on what 2023 has instore for Consumer Credit Compliance.
How would you describe Consumer Credit Compliance?
Consumer Credit Compliance are a Principal Firm, providing a regulatory host model for our Appointed Representative Network, ensuring firms remain compliant and up to date.
What is your long-term vision be for your company?
To become the UK’s leading Principal Firm!
How has your vision for the company evolve?
The company has evolved from initially supporting directly authorised firms with their application to the newly formed FCA, following the closure of the FSA, and then onto becoming directly authorised ourselves, in order to become a Principal Firm with an Appointed Representative network.
How do you inspire your team to fulfil your vision of the company?
Being honest and transparent on an ongoing basis and seeking the views and opinions of all concerned, in order to engage the team and inspire them to be the best they can be.
How would you describe yourself in one word?
Entrepreneur
What is the last thing you’ve learned on the job?
Allowing staff the freedom and ability to make decisions in order to support their own professional development whilst helping the business to grow.
What is your current desktop or phone wallpaper?
Motivational quote! ‘Opportunities don’t happen, you create them!’
What excites you the most about where this company is heading?
Growing the Network and expanding our existing team, taking into consideration the ever-changing regulatory landscape and the various opportunities this brings with it.
Is there something about the company that you’re most proud of?
Giving staff the opportunities and support to grow their career, having built the business from scratch, to what it is today, a leading Principal Firm with an AR Network consisting of some of the biggest names in retail.
What made you start this company?
Saw an opportunity when the FCA started to regulate previously authorised firms under the FSA, and realising that companies needed assistance in the ever-changing world of what would be known as FCA compliance.