| This Week's Credit Industry News - 20 January 2014 |  Company director banned for failing to keep proper records
Glasgow-based Alan Coffey, director of Datadesk Computer Services Limited (‘Datadesk’), was disqualified for seven years from 26 December 2013 for failing to keep adequate accounting records, following an investigation by the Insolvency Service.
The disqualification order was made at a hearing at Airdrie Sheriff Court in Scotland, which Mr Coffey (44) did not attend.
Mr Coffey’s failure to maintain or preserve adequate accounting records meant it was not possible to verify if £312,266 paid out of the bank account was for the benefit of the company... Read more here... |
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♦ Insolvency Service shuts down furniture retailer and franchises
A group of five companies that sold household furniture across the UK under the I-Sleep Ltd umbrella were wound-up in the public interest on 8 January 2014 for selling goods of low quality, or failing to supply... |  |
♦ Enforcement Agents To See Fee Increase In April (CCR-PS pg6; APP)
The penultimate part of the required regulations to enact the Taking Control of Goods (Fees) Regulations 2014 was laid before Parliament. The regulation will come into force on 6 April 2014... |  |
♦ Universal Credit on the red button
Information about Universal Credit and finding work is now available by hitting the red button on the TV remote control. Millions of people who do not have internet access in their homes can now find information... |  |
♦ A Safe NFC Mobile Payment Structure (CCRW pg8; APP)
The Hong Kong Association of Banks has issued the Best Practice For Near Field Communication Mobile Payment In Hng Kong, which aims to facilitate the establishment of an interoperable, as well as a safe and... |  |
♦ Labour calls on FCA to name the date on payday loan cost cap
Responding to the findings of a Which? investigation into default fees charged by payday lenders, Stella Creasy, Shadow Minister for Competition and Consumer Affairs said: “Today’s figures from Which? show... |  |
♦ Review of RBS’s treatment of business customers in financial difficulty
The Financial Conduct Authority (FCA) has appointed Promontory Financial Group and Mazars to conduct an independent skilled persons report under section 166 of the Financial Services and Markets Act 2000... |  |
| ♦ Icelandic Bank Bosses Sentanced For Fraud (CCR-PS pg8; APP) |
| ♦ Steady growth in consumer finance market |
| ♦ Protecting your online information is easy |
| ♦ Calls To Raise Debt Ceiling (CCR World pg8; APP) |
| ♦ Construction under the microscope |
| ♦ A record number of consumers sort out their Christmas debt with peer to peer |
| ♦ Southend Council £4M Overpayments (CCR-PS pg10; FREE APP) |
| ♦ Festive footfall reflects changing face of shopping |
| ♦ CFA comments on Shelter's latest payday loans figures |
| ♦ Top Line-Up For LACEF Conference (CCR-PS pg8; FREE APP) |
| ♦ Response to George Osborne’s comments on the national minimum wage |
| ♦ Continued year-on-year home-owner house purchase growth in November |
| ♦ Real life David Brent most searched company director in 2013 |
| ♦ Borrowing more is not the way to keep a roof over your head |
| ♦ Modest growth in new car finance during November 2013 |
| ♦ European risk managers say increasing lending more important than capital |
| ♦ Archbishop announces new credit union task group |
| ♦ Manufacturing and construction figures show recovery is not yet secure, says BCC |
| ♦ Basel committee concessions on trade finance but more could be done |
| ♦ BBA comment on Which? release on overdraft charges |
| ♦ FCA board appoints three new members to the Regulatory Decisions Committee |
| ♦ Strong growth in commercial vehicle finance in November |
| ♦ New members appointed to the Financial Services Consumer Panel |
| ♦ RBS bonuses rumours |
| ♦ OFT chief executive to move to DECC |
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| This Week's Appointments And Updates |
| ♦ Equifax acquires TDX Group |
| ♦ Empingham expansion plans leads to new headquarters |
| ♦ Robinson Way implements new mobile collection application |
| ♦ Callcredit Information Group leads the way with real-time data sharing |
| ♦ Landlord referencing services selects Equifax for tenant verification |
| ♦ Solunion joint venture by Euler Hermes and MAPFRE expands operations to Chile, Colombia, Mexico |
| ♦ Old National Bank selects credit enterprise platform from Neural Technologies |
| ♦ International credit rating agency ARC Ratings launches in London |
| ♦ ICM signs up new corporate legal partner |
| ♦ Harrisons Business Recovery and Insolvency expands Worcester team |
| ♦ ‘Business as usual’ at Dunsley Hall Hotel |
| ♦ Santander and Vizolution named as finalists for 2014 awards |
| ♦ Hemel now home for new ACF Car Finance showroom |
| ♦ Banks are adding Zapp to their smartphone and tablet apps |
| ♦ Stonebridge Group enjoys strong growth in 2013 |
| ♦ Ikano makes CSR and CRM shortlist at Card & Payments Awards |
| ♦ Linedata successfully 40 projects for lending and leasing industry in 2013 |
| ♦ Aldermore makes three key hires to its Asset Finance team |
| ♦ Hessel selects Bottomline Technologies to process £30m of payments annually |
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