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Rules published this week by the Basel Committee on Banking Supervision in its third and final consultative paper will replace a set of rules from 1988, so-called Basel I. Basel I enshrined a way for banks to assess credit risk,...
#bank#banks#credit risk
The biggest UK regulator of insolvency practitioners (IPs) has stepped up its enforcement against abuses with more and heavier penalties…
#insolvency#regulation#trade
Statistics showing insolvencies in the first quarter 2003 are published today (2 May) by the Department of Trade and Industry.…
#insolvencies#insolvency#trade
Ronson plc announced its interim results to 31 December 2002 and declared a pre-tax profit of Ј15,000 and overall turnover…
#bank#banks#invoice
The UK's Export Credits Guarantee Department (ECGD) has renewed its commitment to keep sustainable development at the heart of its…
#exporters#forum#guarantee
Aston Rothbury Factors Limited’s latest financial statement, for the year ended 31 March 2002, attributed the company’s decrease in profit…
#AR#Bill#insurance
Invoice financing provided to small- and medium-size enterprises (SMEs) rose towards the end of 2002, although the use of leasing…
John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…
#banks#insolvency#Paid
An insolvency practitioner has lost his licence to practice after being convicted of conspiracy to defraud creditors. Sudhir Rishi, also…
#insolvency#trade#WHO
John Verrill, head of corporate recovery and partner at leading law firm Lawrence Graham, was today appointed president of R3,…
As more eastern European countries prepare to join the European Union next year, Poland has become the UK's leading export…
#bank#exporters#International Trade
Despite a strong pound, weak stock market and the continuing political uncertainty in the Middle East, Britain’s export sector remains…
#business finance#exporters#exports
GMAC Commercial Finance, the UK's largest independent invoice finance and asset based lending specialist, has agreed to a Ј5m refinancing…
#cash-flow#commercial finance#funding