finance news and updates

Blake Lapthorn solicitors' Finance group
produces updates to keep you abreast of changes in the law
that may affect your business.
Click on the links in the below to read the articles in
full in the latest finance bulletin.

are you missing a trick?Dec 2009
In business products and markets can change and evolve quickly. Conversely people find comfort in what they know and often fear change. This article looks at changes in the legal landscape in which financiers operate

changes? Yes, but the issues remain the sameDec 2009
It has been impossible not to notice some of the largest and well known companies teetering on the brink of, or falling into, insolvency in the last year. Banks have clearly not been immune with the likes of Northern Rock leading the way for the hurried takeover of HBOS by Lloyds and the government digging deep into taxpayers pockets to support almost everyone else.

Anti-Money Laundering RegistrationNov 2009
On 15 December 2007 the Money Laundering Regulations came into force across the UK. This article discusses the new requirements in relation to AML registration for finance companies providing consumer credit.

blues and lose - consumer credit actNov 2009
Banks and finance companies are generally well aware of consumer credit protection legislation and most businesses outside of mainstream lending aren't directly affected. Or are they?

time to change?Nov 2009
In 1623 the law regarding a six year limitation period for commencing actions based on breach of contract were introduced. This law, now contained in the Limitations Act 1980, remains intact but for how much longer?
Click on the link to view the archive finance
bulletin.
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For further information on the articles contained in this
bulletin, please contact Kath
Shimmin, head of Blake Lapthorn's Finance group
on kath.shimmin@bllaw.co.uk
or call 023 8085 7081.
If you would like to receive future updates, please contact
John Parkinson at john.parkinson@bllaw.co.uk
or call her on 023 8085 7234.
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