5.000 checks carried out in 2015 against the 2.800 expected; 2.400 sanctioning procedures started, of which 1.693 concluded with the issuance of a definitive sanction; checks on pathological phenomena such as irregularities in the placement of sureties, 57 exposed for abusive exercise of the activity.
Oam, the body for managing the lists of financial agents and credit brokers, had a lot to do in 2015 and in 2016 plans to strengthen the fight against illegal practices. The possibility of publishing the names of unauthorized subjects, whose abusive exercise of the profession has been highlighted, is also being examined.
Established by Legislative Decree No. 141 of 2010, the Body also assumed, during 2015, the responsibility for managing the Register of currency exchange operators, providing for the necessary adaptation of the IT structures.
At the end of last year there were 8.370 subjects registered in the lists of which 6.547 agents in financial activity, 300 credit brokers, 1.523 agents in the special payment services section, supported by 10.759 collaborators.
Overall, 2.291 cancellations of subjects from the lists were resolved, of which 949 upon request by the Body and 1.342 following measures, including sanctions.
It should be emphasized that in 2015 Oam raised the professional requirements required for access to the profession. Despite this, the percentage of eligible candidates rose from 2012% to 62% compared to 74.
Furthermore, since September of last year, the OAM has also been managing the proficiency test for collaborators: out of the 300 places available, there were 241 participants, with an 83 percent suitability rate.
