The IPA Volume Provider Regulation (VPR) Scheme 2020 benchmark report is out now – click here.

Para 11 requires the disclosure to be circulated within ‘seven calendar days?. If for example, the transaction was completed at 4pm on a Monday, would the Regulators be happy with ‘the explanation? being issued to creditors on the following Monday (at the latest), or would they consider that to be out of time?

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