Legal action or not?

[craig1]

Suppose. but security clearance isnt really a credit check is it? Its a bit more than that and different.

You asked which contracting roles involved a credit check... Credit checking is a part of the wider approvals for both.

[malvolio]

What seems to be happening is anyone who's registered with the FSA is credit checking every applicant, despite the FSA rules actually saying that a limited number of people - those who are "Controlled Persons" in "Approved Roles" such as advice givers and directors of the company - need to be creditworthy. Like security clearance for applicants, it's all unnecessary bollocks.

As usual we are suffering at the hands of people who don't know the rules driving their own business. I know one programme that's had to refuse 40% of its successful applicants because of this, and it's getting to be a real issue.

[craig1]

What seems to be happening is anyone who's registered with the FSA is credit checking every applicant, despite the FSA rules actually saying that a limited number of people - those who are "Controlled Persons" in "Approved Roles" such as advice givers and directors of the company - need to be creditworthy. Like security clearance for applicants, it's all unnecessary bollocks.

As usual we are suffering at the hands of people who don't know the rules driving their own business. I know one programme that's had to refuse 40% of its successful applicants because of this, and it's getting to be a real issue.

I know at least one agency that does this service as a "value added service" for clients where they get extra money from referral fees, I'd assume many more do the same. For me, it's counter-productive as you lose some very valuable contractors because of irrelevant information.