The recent ruling by the Financial Conduct Authority and the Supreme Court has set a new direction for the lending and leasing industry. For many businesses, a reactive wait-and-see approach is the highest risk strategy. True resilience comes from being ready for change, and a proactive response is now an urgent imperative. At VIP Apps...
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There are continued calls from MPs in the United Kingdom to reform the way that the banking system is regulated in the wake of the 2008 financial crisis. The latest development calls for the Financial Conduct Authority (FCA) to lose enforcement powers and be replaced by a new body. This was the recommendation of the…
Last month the United Kingdom voted for Brexit in a referendum to leave the European Union. The ‘Brexit’ decision will have a huge impact upon the finance and leasing industries as regulation, trade and policy are likely to be affected given the integration of EU law and the British finance sector The markets and general…
Welcome to this round up of September’s financial leasing news stories. Our goal is to give you an insight into any industry developments or stories that have caught our eye. New Leasing Standard is on Its Way The International Standards Board (IASB) and the Financial Accounting Standards Board (FIASB), have announced that the final “Leases…
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