CIVEA welcomes new Standards on Vulnerability.
Responding to the ECB Insight Report, CIVEA CEO, Russell Hamblin-Boone said:
“The new Standards are the latest step in a programme of reform that has been driven by the industry. It is important that we have a set of dedicated industry Standards that recognise the distinct nature of enforcement work, which is unlike any other form of debt collection. As the ECB makes clear indicators of vulnerability do not mean that someone is permanently unable to repay their debt or that an enforcement action cannot proceed. We are, therefore, supportive of the new Standards that codify and build on the best practices of our sector under the independent scrutiny of the ECB.”
Ends
For more information contact:
Paul Suart, PLMR (07824 606513) or email civea@plmr.co.uk
Notes to Editors:
For general enquiries only, you can contact us by email at info@civea.co.uk.
We are unable to respond to complaints made via this form. If you have a complaint or concern about one of our members, please go to our complaints page for more information.