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FDA comment on FSA fines for money laundering control...

The Financial Services Authority (FSA) has fined Northern Bank Ј1.25 million for breaches of its Money Laundering Rules across its retail branch network, particularly in its dealings with business customers. Ann Horan, chairman of the Factors and Discounters Association (FDA),...

Swiss Re declines comment on Gerling NCM rumours

Swiss Reinsurance Ltd's Chief Financial Officer, John Fitzpatrick, declined to confirm or dispel rumours in the German press that Swiss…


Manufacturing survey report –industry comment

UK manufacturing output staged a surprise gain in January on the back of a better performance by the computer industry,…

#bank#Boost#Deutsche Bank


FDA comment on regulation of receivables finance industry

There has been much speculation in the financial press regarding the unregulated status of independent factoring and invoice discounting firms…

Eurofactor (UK) Comment on their Return to Profit in...

Eurofactor (UK) Ltd, the company formerly known as Credit Lyonnais Commercial Finance Ltd, have recorded a return to profit in…

#BCR Publishing#commercial finance#insolvencies

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