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Consumer credit FCA publishes final detailed rules 2014 march

  • Dentons
  • -
  • United Kingdom
  • -
  • March 3 2014

The UK Financial Conduct Authority has published its feedback statement and final form rules on the detailed CC regulatory regime that takes effect

OFT asks about bankruptcy and consumer credit

  • Dentons
  • -
  • United Kingdom
  • -
  • October 9 2009

OFT is monitoring the lending and broking of secured loans to consumers where the loan's purpose is to annul a recent bankruptcy

Commission approves Northern Rock split

  • Dentons
  • -
  • European Union, United Kingdom
  • -
  • October 30 2009

The Commission has agreed a plan to split Northern Rock into two banks - a "good" and a "bad" one

When trade finance meets insolvency

  • Dentons
  • -
  • United Kingdom
  • -
  • March 4 2011

There has been an upturn in the frequency of trade finance workouts, restructurings and formal insolvencies

FRC issues guidance on financial reporting

  • Dentons
  • -
  • United Kingdom
  • -
  • November 8 2013

FRC has issued guidance to banks' directors on financial reporting of solvency and liquidity risks, and the definition of going concern, in the

Is there any value left in floating charges?

  • Dentons
  • -
  • United Kingdom
  • -
  • March 8 2011

Where lenders rely on floating charge security to make recoveries from companies in administration, some recent cases have massively increased the potential for administration expenses to swallow up those recoveries

Treasury makes banking insolvency rules

  • Dentons
  • -
  • United Kingdom
  • -
  • October 29 2010

Treasury has made insolvency and administration rules covering building societies in England and Scotland and amended the English rules on banks in insolvency and administration and the Scottish rules on banking insolvencies

FSA publishes Lehman statement

  • Dentons
  • -
  • United Kingdom
  • -
  • March 19 2010

FSA has published the statement it made to the US bankruptcy court examiner on the collapse of Lehman Brothers Holdings Inc

Treasury consults on SRR for investment firms

  • Dentons
  • -
  • United Kingdom
  • -
  • September 24 2010

Following proposals Treasury made at the end of 2009, it has now published for consultation draft regulations setting up a special resolution regime for investment banks

Government to push ahead with bank accounts for bankrupts reform

  • Dentons
  • -
  • United Kingdom
  • -
  • December 14 2012

The Government has fed back on the responses to DBIS’s consultation on the effect of bankruptcy on the ability to access a basic bank account