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United Kingdom

BIIA Welcomes Atradius Information Services BV as an Associate Member

The Information Services Group of Atradius has joined BIIA as an Associate Member.  We salute the information professionals of Atradius who support BIIA in promoting the value of information and to protect the industry from unreasonable regulations.   One of BIIA’s objectives is to work with users of information on common issues and we are therefore very pleased to have one ... Read More »

D&B Publishes ‘China’s Role in Shaping World Trade’

D&B’ Country Risk Services published a report which discusses China’s Role in Shaping World Trade’. China’s role as an engine of the global economy has become firmly established in recent decades. In the same way that companies with an international presence need to know how the US economy affects global economic developments, credit risks and inventory management, they need to ... Read More »

UK Regulators finally act on irresponsible lending

United Kingdom: The Financial Services Authority (FSA) has today outlined proposals to ensure all mortgages are carefully assessed to make sure borrowers can afford them. Reflecting the FSA’s enhanced consumer protection strategy and intensive day-to-day supervision, the proposed changes aim to ensure all lenders get back to the basics of responsible lending and that problems are prevented before they can ... Read More »

RATING AGENCIES FACE FURTHER PAIN WITH LANDMARK WALL STREET REFORM BILL

The Senate passed the landmark ‘Wall Street reform bill’ which includes important new requirements and oversight of rating agencies.  The most damaging aspect of the reform bill for rating agencies is the liability provision.  Investors could bring private rights of action against rating agencies for a knowing or reckless failure to conduct a reasonable investigation of the facts or to ... Read More »