UK lender’s convening hearing adjourned after FCA raises concerns
Credit: shutterstock/ T. Schneider
English doorstep lender Morses Club and the UK Financial Conduct Authority have agreed on a 17 March deadline to reach a deal on the contents of an explanatory statement and meeting advertisement to be sent to scheme creditors, or face a second convening hearing in a process the lender is using to deal with thousands of redress claims.
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