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Money laundering laws to hit small businesses

New regulations on money laundering came into force on 1 March and those affected need to be aware of them or risk criminal prosecution, including up to two years in prison. While the financial services industry has been regulated for...

#financial services#risk#small business

Manufacturers' orders best for three years – CBI survey

Rising demand at home and abroad is underpinning the fledgling manufacturing recovery despite the increasing strength of the pound. The…

#WHO


Versailles chief faces fraud charge for villa loan

Peter Williams, the former chairman of paper and packaging group DS Smith, lent Ј600,000 to Carl Cushnie, chairman of collapsed…

#banks#trade#WHO


Bridge Bank expands Capital Finance Group

Daniel P. Myers, president and chief executive officer of Bridge Bank, National Association, has announced that Scott Chamberlin, a 12-year…

#bank#Bank of America#financial services


Economist advocates cheaper loans to help SMEs

Hernando De Soto, a Peruvian economist, at the invitation of President Gen Peervez Musharraf, delivered a lecture on Monday on…

#financial institutions#guarantee#MAN


HYSEA plans fund to help SMEs market products

The Hyderabad Software Exporters Association (HYSEA) is setting up a fund with support from state governments, non-resident Indians (NRIs) and…

#exporters#smes#software


Cattles Invoice Finance funds Plastic Pallets contract

Tamworth-based Plastic Pallets has secured a Ј1.8 million contract with the Grampian Country Food Group following a funding partnership with…

#funding#invoice#Jobs


Versailles receivers search for Ј10m

Receivers appointed to trace an estimated Ј11m allegedly stolen by the former finance director of collapsed lender Versailles have recovered…

#bank#banks#WHO


Coface UK launches 'at-a-glance' online company rating system

Coface UK, a branch of one of the world's leading credit solutions companies, is providing an online company rating system…

#economic recovery#insolvency#management


Former Versailles director 'drained account'

Fred Clough, former finance director of Versailles, has admitted siphoning money out of the trade finance group and channelling it…

#bank#trade#WHO


SME factories see a bright future – CBI

The Confederation of British Industry (CBI) survey shows that orders are rising for the first time in three years, while…

#economic recovery#Jobs#smes


Business fears over email invoicing wide of the mark

A new European directive does not require small businesses to send and receive invoices by email, despite fears that firms…

#i#invoice#small businesses

JUSBP assists Petra Factory to attract European buyers

With the assistance of the Jordan-United States Business Partnership (JUSBP), the Zarqa-based Petra Factory was able to attract customers from…

#interest#smes#Two

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