OFT has published guidance on notification of names for inclusion in consumer credit licences, and on names that may be misleading or otherwise undesirable. The guidance explains:
- what firms should notify to OFT, including names used in connection with licensable activities or domain names;
- OFT's approach to misleading or undesirable names, including "controlled names", for which other entities including FSA have the regulatory lead on approval; and
- guidance on OFT's likely attitude to certain notifications and its enforcement approach.
(Source: OFT Gives Guidance on Misleading Names)