May 10, 2018: International efforts to combat money laundering, which latterly have been closely connected with frustrating tax evasion, aggressive tax avoidance and to staunch the supply of money to terrorist organisations, have been coordinated by the Financia...

 

Apr 18, 2018: The UK’s Financial Conduct Authority is set to approve key changes to fees for regulated hire agreements that could save asset finance providers millions of pounds. In a recent update on its consultation on regulated fees for the next year, the FC...

 

Mar 19, 2018: The UK’s Financial Conduct Authority is launching a mystery shopping exercise as part of its review of standards in the motor finance industry. The initiative comes as its latest update on the review reveals a broadly positive picture for the mark...

 

Mar 15, 2018: Banks and card companies in the UK prevented more than £1.4 billion in unauthorised financial fraud last year, newly-released figures have revealed. Overall, £2 in every £3 of attempted unauthorised fraud is stopped, according to UK Finance, with ...

 

Mar 15, 2018: Asset finance specialist Arkle Finance has launched a toolkit to provide brokers with a step-by-step guide to preparing for new European regulations that come into force in May. The EU General Data Protection Regulation makes sweeping changes to e...

 

Mar 14, 2018: UK fleets are being warned to review their policies to prepare for the impact of new European fuel consumption and emissions tests. The Worldwide Harmonised Light Vehicle Test Procedure (WLTP) replaces the outgoing New European Driving Cycle (NEDC...

 

Mar 14, 2018: UK Chancellor of the Exchequer Philip Hammond presented his Spring Statement on economic and fiscal matters on March 13. As suggested previously, there were no immediate tax changes at this time. The government has now moved back to a single main ...

 

Jan 09, 2018: Among US equipment leasing lawyers, there is perhaps no contractual provision more important, more universal, more indispensable - perhaps more sacrosanct - than the widely revered and utilized hell-or-high-water clause. Under this provision, whic...

 

Dec 21, 2017: A consultation document issued in December by HM Revenue & Customs (HMRC) confirms the apparent implication of a Budget day announcement last month. The UK authorities have now broadly decided how the rules for the tax treatment of plant and m...

 

Dec 05, 2017: Provident Financial has been informed that its car finance division is being investigated by the UK Financial Conduct Authority. A review has commenced into Moneybarn in relation to the processes applied to customer affordability assessments for v...