Association of Chartered Certified Accountants application to cease as a recognised professional body for insolvency practitioners
The Association of Chartered Certified Accountants has applied to the Secretary of State for Business to give up its status as a recognised professional body for insolvency practitioners.
From:
Revocation of recognition at the request of body
Notice in accordance with section 391N(3) of the Insolvency Act 1986
Association of Chartered Certified Accountants
On 20 February 2019, the Association of Chartered Certified Accountants (formerly the Chartered Association of Certified Accountants) (‘ACCA’) asked the Secretary of State to consider a request, made by it under section 391N of the Insolvency Act 1986, that the ACCA should cease to be a Recognised Professional Body (“RPB”) for the purposes of section 391 of the Insolvency Act 1986.
Financial Conduct Authority
FCA Proposes CMC fee price cap
The Financial Conduct Authority (FCA) has published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services.
Some consumers currently pay fees of more than 40% of the redress they receive. The proposed cap restricts this, and will mean CMCs won’t be able to charge more than 15-30% depending on how much redress a consumer is due. This will see some consumers saving several thousand pounds on the fees they pay to CMCs.
The cap will apply to all claims where a consumer is awarded monetary redress, apart from PPI claims which are already subject to a cap set by Parliament.
<p><span>The Financial Conduct Authority (FCA) has published </span><a href="https://www.fca.org.uk/publications/consultation-papers/cp21-1-restricting-cmc-charges-financial-services-and-products-claims">proposals to introduce a price cap</a><span> on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services.</span></p>
Police Scotland unclaimed items including Rolex watch, Bollinger champagne and diamond rings up for auction
The impressive haul of goods - which also include perfume, bikes, power tools and games consoles - will be flogged at an Ayshire auction house this week.
Updated
A Samsung Galaxy tablet and Rolex watch are among items in the Police Scotland auction
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