August 2018 Edition
Chairman's Foreword
By Adam Tyler, executive chairman at FIBA
The holiday period is fast disappearing in the rear-view mirror and, refreshed or otherwise, the autumn months will be full speed ahead for all of us. In my case, as FIBA’s executive chairman, I have been hard at work already. Along with my industry colleagues, including lenders, MPs and SME business leaders associated with commercial finance, we are continuing to engage with government and politicians from all parties at Westminster on the topic of SME funding. Our Access to Finance initiative is gathering pace.
Where solicitors see the most benefit from FIBA's professional panel
By Markus Malik, managing partner at Adams Solicitors
There is an American acronym - BLUF - which stands for bottom line upfront. So here is my bottom line... upfront. The primary value of having a panel of solicitors is that you, the lender or the broker, have a pre-certified group of professionals from which your client can choose and who can advise them in a way that gets the transaction completed quickly.
Staff incentives and remuneration - within the rules
By Mark Greenwood, group regulatory policy manager at The SimplyBiz Group
In the few years since taking over responsibility for the regulation of consumer credit, the FCA raised concerns about how firms affected by consumer credit regulation pay and incentivise their staff and manage the risks arising from these arrangements.