By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) -Nigeria has introduced custody rules for its 4 trillion naira ($9.7 billion) fund management industry to protect investors and further develop its capital markets, the Securities and Exchange Commission (SEC) said on Sunday. Before the rules, investment managers warehoused securities and cash, which meant that investors could…
Matt Doogue had hit rock bottom. He didnt want to live anymore. But his life was saved when he made one simple discovery. Watch Matts incredible story in the video player below Matt Doogue went viral when he shared a deeply personal tweet. His honesty resonated with people, right across the globe. Matts story is…
With our celebrities, we sadly shout loudest for the untouchables. Throughout time, those most inaccessible to Joe public have become the most revered due, in part, to their ability to retain their air of mystery. You can magnify that reverence when one of these untouchables dies at desperately young age. Elvis was one of the…
1. Data Sources 1.1 Data sources for insolvencies Company Insolvency data for England & Wales, Scotland and Northern Ireland are sourced from Companies House, except for compulsory liquidation data for England & Wales and Northern Ireland. Compulsory liquidation data for England & Wales are sourced from the Insolvency Service case information system (ISCIS). Compulsory liquidation…
Lee John Palmer (41), a plumber from Knapton, was declared bankrupt on 28 January 2021 before the Official Receiver was appointed as Trustee. While reviewing Lee Palmers assets, the Official Receiver uncovered that Lee Palmer had bought a van on hire purchase but sold the vehicle without the permission of the hire purchase finance company.…
Released 17 September 2021 Next release 15 October 2021 Media enquiries Steven Fifer +44 (0)30 3003 1568 Statistical enquiries Stacey Witchell (author) [email protected] Kate Palmer (responsible statistician) 1. Main Messages for England and Wales The number of registered company insolvencies in August 2021 was 1,348: 71% higher than the number registered in the same month…
Well, the dreaded scenario is finally upon us. Derby County have given notification that they intend to appoint administrators. The club is already staring down the barrel of a nine-point deduction over their unorthodox accounting practices, with a further three points suspended until January on condition that they pay their players on time every month…
The number of companies in England and Wales falling into insolvency has hit its highest level since the first pandemic lockdown. Last month there were 1,348 registered company insolvencies, the highest since the first UK lockdown in March 2020, according to figures from The Insolvency Service. The August increase was up from 1,094 in July,…
One of the most significant estates on the lower north shore long owned by the late travel industry doyenne MaryRossiis set to hit the market for the first time in 60 years with a guide of $20 million. The last time the almost 5000 square metre waterfront estate traded was 1961 when Mary and her…
In Short The Situation: Following the signing of a record of a meeting between the Secretary for Justice of Hong Kong and the vice-president of the Supreme People’s Court (“SPC”) in May 2021, which set out a consensus on the mutual recognition of and assistance to insolvency proceedings between Mainland China and Hong Kong, an…