Green Deal Provider (GDP) access to ECO Brokerage

Following the announcement to cease funding of the Green Deal Finance Company, DECC has determined that Green Deal Providers (GDPs) are no longer required to hold full FCA authorisation to access ECO Brokerage.

This is because FCA authorisation is required for the provision of consumer credit, which is not a requirement under brokerage. This decision supports new entrants to the brokerage market who may not be able to provide the evidence needed to comply with the FCA checking process. Where an existing Brokerage GDP holds full FCA authorisation, but no longer wishes to provide consumer credit, DECC are content for these permissions to lapse and access to Brokerage to be retained.