Bob’s Blog: MALG Conference 2017 speakers and programme
I spoke about the unpredictable environment we are currently experiencing and this continues unabated! The awful fire at Grenfell Tower and the subsequent implications make us all stop in our tracks and question how this could happen. The onset of July will hopefully lead to better times; the start of Wimbledon, hopes of a return to […]
Read MoreUK Cards Association publishes new guide for digital wallet providers
MALG member the UK Cards Association has published a new guide for digital wallet providers Digital wallets, where a traditional debit or credit card account is loaded onto an electronic device, have grown in use in the UK in recent years. The new guide provides a practical manual for potential new entrants, setting out the conventions and behaviours of the card payment […]
Read MoreBank of England publishes latest Financial Stability report
The Bank of England publishes its Financial Stability report twice a year via the Financial Policy Committee (FPC), which has assessed the overall risk from the domestic environment to be at a standard level in June 2017 The Executive Summary reads: As is often the case in a standard environment, there are pockets of risk […]
Read MoreThe Insolvency Service: Unlicensed money lending companies shut down
MALG member The Insolvency Service has announced that 14 companies involved in unauthorised money lending controlled by Dharam Prakash Gopee have been wound up by the High Court. This follows an investigation by Company Investigations of the Insolvency Service which found that of the 14 companies, only one had ever possessed a consumer credit licence permitting it […]
Read MoreMoney Advice Service research identifies the signs people might be in debt for creditors to spot
To coincide with the launch of its #TalkMoneyWorries campaign, MALG member the Money Advice Service has released new research which identifies the signs people might be in debt to help friends, family members, and creditors spot issues early on. One in six adults is at risk of crisis debt but less than one in five […]
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