Please note that you MUST be an Accredited or Associate member of the IMA in order to apply
Before you begin your application please read the DRO Approved Intermediary Application Guidance document.
You should then print and complete the relevant application form and send this to us along with the supporting documents as specified in the guidance document:
If you have any questions about being or applying to be an Approved Intermediary with the IMA, please contact us on 0113 242 0048 or at email@example.com
To become a DRO Approved Intermediary, you must be covered by the following FCA permissions:
- Debt Adjusting
- Debt Counselling
- Providing Credit Information Services
Once authorised, Intermediaries need to renew their approval every twelve months. This involves confirming their details and declaring that they continue to meet the criteria as set down in the relevant regulations. The IMA receives and monitors details of the DRO applications made by our Approved Intermediaries and will use this along with any complaints made to continually assess the suitability of advisers authorised by us.
The IMA as a competent authority has the right to revoke the approval of an Intermediary if we decide that they are no longer suitable for the role or no longer meet the qualifying criteria.