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Top story: Revealed: The finalists of the 2015 I&R Awards

Insolvencynews can today reveal the full shortlist for the 2015 I&R Awards, sponsored by Capa, as the scheme returns for its eighth year. Read full story

News stories

Corporate insolvencies fall 7.5 per cent

The level of corporate insolvencies in the second quarter of 2015 has fallen 7.5 per cent year on year, as many practitioners continue to see fewer formal appointments. Read full story

Lovetts appoints new managing director

Commercial debt recovery law firm Lovetts has appointed Michael Higgins as managing director, with immediate effect. Read full story

FCA extends firms’ leeway to resolve complaints

Financial services firms will now have a target of three days instead of one to resolve customer complaints informally, under new rules. Read full story

FCA: Firms are making “good efforts” on handling unauthorised transactions

The Financial Conduct Authority (FCA) has praised the efforts of firms for their handling of unauthorised transactions on consumers’ accounts. Read full story

Payday lender to provide £20m in redress

Payday lender Cash Genie will provide £20m in redress to more than 92,000 customers, after the regulator discovered failures in its debt collection and communication practices. Read full story

 
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A “wake up call” for free debt advice providers

Nick Pearson, chief executive of The Debt Counsellors Charitable Trust, explains why the FCA’s review of debt advice is a serious jolt for free debt advice providers

Clarity on staff consultation during an insolvency

A European judgment has made staff consultation rules, which apply when a business goes bust, a little clearer. But there remain tricky, practical elements, as Moon Beever’s Sarah Rushton explains

Think you're exempt from the FCA? Think again

Ian Benson, director of the financial services practice group at Maclay Murray, points out a common pitfall around credit broking regulation

A new moral compass for collections

With customer vulnerability one of the biggest issues affecting collections, Val Sullivan, operations manager at CRS, explains the service her company has launched to address the challenge

The skilled person review – catastrophe or opportunity?

Alex Ellerton, financial services partner at professional services firm BDO, explains how to handle skilled person reviews (SPRs) in consumer credit

A few good men – the pre-pack problem

Margaret Kemp, of counsel at Hogan Lovells, examines the challenges in implementing the recommendations in a report on pre-pack insolvencies

When directors have no defence

Will Christopher, partner and civil fraud specialist at Kingsley Napley, explains how a recent decision by the Supreme Court will be a great relief to liquidators and creditors of insolvent companies where directors are under suspicion

Flying blind?

Peter Manser, head of audit and assurance at Kreston Reeves, argues the growth of audit exemption may leave a blind spot in the world of B2B credit information

A slippery slope starts with rushed changes

Ray Watson explains his fears about how the 2015 budget introduced regulatory exemption for certain credit agreements