Membership & Accreditation

Membership & Accreditation

Information Commissioner’s Office (ICO)

ICO-logoVerso are registered with the ICO as data controllers under the Data Protection Act 2018. The ICO governs the three critical pieces of consumer data protection legislation: Data Protection Act 2018, General Data Protection Regulation (GDPR) and Privacy and Electronic Communications Regulations (2003). We regularly consult with the ICO to ensure we adhere to all aspects of data protection compliance.

Our ICO Registration Number is: Z3154361

Telephone Preference Service (TPS)

tps-logoThe Telephone Preference Service (TPS) is the UK’s only official ‘Do Not Call’ register for landlines and Mobile numbers. It allows people and businesses to opt out of unsolicited live sales and marketing calls. It’s free and quick to register a telephone number. Doing so will reduce the amount of unwanted sales and marketing calls you receive. There is also a register for businesses, the Corporate Telephone Preference Service. If a number is registered with the TPS/CTPS, organisations are legally required – by the Privacy and Electronic (EC Directive) Regulations 2003 – to refrain from calling it. Organisations are required to screen against TPS/CTPS at least once every 28 days,

All data provided by Verso is fully opted in and cleansed against the TPS register every day, as well as prior to every output.

Verso is an official licensee of the TPS (Telephone Preference Service).

Mailing Preference Service (MPS)

mps-logo The MPS Consumer File is a list of names and addresses of consumers who have told us they wish to limit the amount of direct mail they receive. The use of the Consumer File by list-owners and users is a requirement of the British Code of Advertising, Sales Promotion and Direct Marketing administered by the Advertising Standards Authority. It is also a condition under the Code of Practice of the Direct Marketing Association.

The MPS will prevent the receipt of unsolicited direct mailings sent from member companies of the Direct Marketing Association and we will take steps to prevent the receipt of unsolicited direct mailings from companies which are non-DMA members. It will not stop mail that has been sent from overseas, un-addressed material or mail addressed to The Occupier. You can expect to continue to receive mailings from companies with whom you have done business in the past. You may also receive mailings from small, local companies. If you wish these mailings to be stopped, you must notify these companies directly. It will take up to 4 months for the Service to have full effect although you should notice a reduction in mail during this period.

Registering with the MPS is FREE

Verso is an official licensee of the MPS (Mailing Preference Service).

Financial Code of Authority (FCA)

FCA-logo The Financial Conduct Authority is the conduct regulator for 59,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. Verso is regulated by FCA in respect of regulated claims management activities and registration is recorded on the Financial Conduct Authority website – https://register.fca.org.uk/ (Firm Reference Number 832414).

What They Do

Aim to make markets work well – for individuals, for business, large and small, and for the economy as a whole.

As a prudential regulator, the general objective is to promote the safety and soundness of the firms it regulates.

Why They Do It

They are responsible for regulating a sector which plays a critical role in the lives of everyone in the UK and without which the modern economy could not function. From children’s ISAs to pensions, direct debits to credit cards, loans to investments.

UK financial services employ over 2.2 million people and contribute £65.6bn in tax to the UK economy. If UK markets work well, competitively and fairly they benefit customers, staff and shareholders, and maintain confidence in the UK as a major global financial hub. Their role is to help ensure this happens.

How They Do It

The strategic objective is to ensure that the relevant markets function well, and our operational objectives are to:
  • protect consumers – secure an appropriate degree of protection for consumers

  • protect financial markets – protect and enhance the integrity of the UK financial system

  • promote competition – promote effective competition in the interests of consumers

They are an independent public body funded entirely by the firms we regulate, by charging them fees. They are accountable to the Treasury, which is responsible for the UK’s financial system, and to Parliament.

Their work and purpose is defined by the Financial Services and Markets Act 2000 (FSMA). They work with consumer groups, trade associations and professional bodies, domestic regulators, EU legislators and a wide range of other stakeholders. With this extensive remit, they use a proportionate approach to regulation, prioritising the areas and firms that pose a higher risk to our objectives.

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