European Commission clears ALD's acquisition of LeasePlan

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of LeasePlan by ALD. The approval is conditional on full compliance with commitments offered by ALD.

European Commission clears ALD's acquisition of LeasePlan

Nov 28, 2022

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of LeasePlan by ALD. The approval is conditional on full compliance with commitments offered by ALD.

Improvements needed to the credit information market to deliver better lending decisions for borrowers

The Financial Conduct Authority (FCA) has set out proposals to improve the credit information sector so it can deliver higher quality and more comprehensive information for consumers and firms. Credit reference agencies (CRAs) build financial profiles of consumers which they sell to credit information users to inform lending and other decisions.

Improvements needed to the credit information market to deliver better lending decisions for borrowers

Nov 22, 2022

The Financial Conduct Authority (FCA) has set out proposals to improve the credit information sector so it can deliver higher quality and more comprehensive information for consumers and firms. Credit reference agencies (CRAs) build financial profiles of consumers which they sell to credit information users to inform lending and other decisions.

Consumer Duty workshop to discuss challenges in implementing the new FCA regulation at the Asset Finance Connect conference in London

Asset Finance Connect and Shoosmiths will be hosting a workshop focused on the implementation of the forthcoming Consumer Duty in a closed meeting at the AFC Conference on 5th December. Running alongside the main agenda, the workshop is aimed at legal, compliance and other professionals interested in the implementation of the Consumer Duty and will be delivered through a mix of presentations, commentary and an interactive case study.

Consumer Duty workshop to discuss challenges in implementing the new FCA regulation at the Asset Finance Connect conference in London

Nov 21, 2022

Asset Finance Connect and Shoosmiths will be hosting a workshop focused on the implementation of the forthcoming Consumer Duty in a closed meeting at the AFC Conference on 5th December. Running alongside the main agenda, the workshop is aimed at legal, compliance and other professionals interested in the implementation of the Consumer Duty and will be delivered through a mix of presentations, commentary and an interactive case study.

Lease accounting

LeaseAccelerator study identifies disclosure challenges of ASC 842

Jan 24, 2020

Lease accounting software provider LeaseAccelerator has published a new report looking at the key challenge faced by US companies as they implement ASC 842. It has analysed comment letters received by the Securities and Exchange Commission in 2019 to identify common issues as the new standard was adopted. Many companies had to organise and migrate hundreds or even thousands of leases onto new accounting software with new controls, processes and procedures. Many of the SEC comments were requests for additional details on a company’s analysis, assumptions, judgments and supporting documentation.

BREXIT

Negotiators struggle to build bridges as Brexit looms

Nov 10, 2017

While business leaders in the UK and Europe have stressed the importance of a smooth Brexit transition to protect the economies of both sides, there are signs that negotiators are struggling to find common ground on key issues. As the Brexit deadline of March 28, 2019 approaches, this special report looks in detail at progress from both sides of the negotiating table.