The Financial Conduct Authority authorised full permissions to IVA Watch Ltd, trading as Watch Portfolio Management (“WPM”), on 25th May 2016.

All members of the Board of Directors are also authorised as approved persons with CF1 permissions.

Michael Peacock, Managing Director at WPM, said “I am very pleased to announce that Watch Portfolio Management and its Board of Directors have been granted full authorisation by the FCA. I would like to thank all of the team for their hard work upon which this authorisation has been achieved.

WPM leads the industry in its ability to develop new technologies that assist creditors to manage their insolvent debt portfolios. We are very proud of our cash processing, compliance and consumer care systems and this authorisation supports both the current and newly established markets for these products.

Delivering the highest level of consumer care is a constant journey for all businesses in the personal finance industry and I am pleased that WPM evidences assurance to its clients.”

Established in 2007, WPM is an acknowledged leader in providing insolvency management services to creditor clients, including debt purchasers. Based in Lisburn, WPM operates services for clients in the UK and Republic of Ireland.

WPM is the only agent that focusses solely on insolvency servicing and therefore provides clients with an agile and technology driven solution to their requirements.

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