Insolvency Service cracks down on bankrupts who try to conceal assets
Debtors who believe they can go bankrupt yet hide some of their assets from the Official Receiver have been told to think again by The Insolvency Service. More
New rules for businesses requesting ‘time to pay’ on large debts
New rules for businesses who want to reschedule large tax debts under HMRC’s Business Payment Support Service (BPSS) come into effect next month. More
New penalties
for illegally selling cigarettes, alcohol and
fuel come into effect from 1 April.
People who buy cigarettes or alcohol on holiday
are often unaware that it is illegal to sell them
on to friends, family or others without paying
the proper excise duty.
And it is also illegal to use red diesel - which
has a lower rate of duty and is only for off-road
use in farming, fishing and construction - in
road vehicles to avoid paying a higher rate of
excise duty.
But from 1 April, HM Revenue & Customs (HMRC)
will introduce new penalties to prevent abuse of
the excise tax system.
Sarah McCarthy-Fry, Exchequer Secretary to the
Treasury, said:
“Defrauding excise is not worth the risk.
The changes we are introducing this week make the
tax system fairer because they help us crack down
on those who try to avoid paying tax.”
The new penalties apply to the public, anyone
registered to pay excise duties and anyone who
should be registered to pay excise duties. These
duties are charged on alcohol, oil products such
as petrol and diesel, and tobacco.
The penalties will apply where someone:
·
Handles goods on which excise duty has neither
been paid nor deferred;
·
Uses a product in a way that means more excise
duty should have been paid; or
·
Supplies a product at a lower rate of excise duty
knowing that it will be used in a way that means
a higher rate of duty should be paid.
If someone is caught, the new penalty will be a
percentage of the potential lost revenue to the
Exchequer. Penalties will range from 10 per cent
of the possible lost revenue to 100 per cent.
In addition, anyone running a business selling
goods that have excise duty on them can be
penalised if an employee or advisor commits a
“wrongdoing”. The penalty can be
avoided if the business can show that it has
taken reasonable care to avoid this by, for
example, setting up systems and procedures to
prevent the wrongdoing.
And under the new penalties, company directors
and secretaries can also become liable for a
penalty if, for example, they gain personally
from a deliberate wrongdoing by an
employee.
Top of page
Long-term
Jobseekers Allowance claimants will be given the
guarantee of a job or work placement as part of
the Government’s radical next stage of
welfare reform.
Publishing a Command Paper – Building
Bridges to Work, the Government will offer all
JSA claimants who have been out of work for two
years a guaranteed job or work placement to
prevent long term unemployment as the economy
recovers. Claimants will be required to take up
the offer if they cannot find other work to make
sure people who lost their jobs during recession
aren’t left to a life on benefits.
Alongside this, the Government is today laying
regulations to abolish old style Incapacity
Benefit and announcing new measures for those on
sickness benefits. From October all Incapacity
Benefits claimants will be reassessed with a new
Work Capability Assessment which looks at what
they can do and what help they need, rather than
on whether they could do their previous job.
More people are expected to be found fit for work
and they will be given extra intensive support
from Day one to help them into work. People
moving onto the new style Employment and Support
Allowance will also be given more personalised
help with stronger conditions attached so they
can prepare to return to work in future.
Today’s measures will help deliver over
£1.5bn pounds in savings from welfare reform over
the next four years that are now built into the
Treasury budget plans.
Government action has already kept unemployment
much lower than expected, and the number of
people on sickness benefits has fallen slightly
during the recession compared to big increases in
the 80s and 90s.
Work and Pensions Secretary of State, Yvette
Cooper said:
“As the economy recovers, we have to make
sure no one is left behind. In the 80s and 90s
too many people were abandoned to long term
unemployment or sickness benefits, pushing
families into poverty, devastating communities
and hurting the economy and the taxpayer too.
That's why it is more important than ever to
press ahead with extra help and welfare reform.
“This is a "something for something"
approach which gives people more help alongside a
responsibility to take it up so that no one who
is fit for work is left to a life on benefits.
“Getting people back to work is good for
families, boosts local economies and helps the
public finances too.”
Additional help to disabled people will be made
available with the creation of a new Work Choice
programme from October as well as expanding the
Access to Work programme.
The new employment support including the
Jobseekers Guarantee will be funded within DWP
existing budgets by reshaping the help for long
term unemployed through Job Centre Plus and
changing the £300m Pathways programme which is
not flexible or cost effective enough.
The Command Paper outlines:
- A new guarantee for the long term
unemployed of a job or work placement –
with a requirement to take it up for those who
have been unable to find work for more than two
years. Jobs will be provided through extending
the Future Jobs Fund as well as private sector
and voluntary sector internships and work
placements.
- A major overhaul of support and conditions
for those on long term sickness benefits
including the abolition of old style Incapacity
Benefit, and over 10,000 long term claimants each
week to be reassessed according to the new Work
Capability Assessment which looks at what they
can do not what they can’t.
- Changes to the Work Capability Assessment
to take better account of people’s ability
to adapt to their disability, as well as to be
more sensitive to fluctuating conditions such as
ME and multiple sclerosis.
- For those whom it would be unreasonable to
expect them to move towards work, the ESA Support
Group provides additional financial support
without the back-to-work activity.
- New personalised support, conditions and
timetables for reassessment for those who are
currently not fit for work but may be able
to work in future – so they can prepare for
work.
- Increased investment and a guaranteed
place on Work Choice for ESA customers who have
been on benefit for more than 2 years and who
want to work.
- Extra intensive help for those found fit
for work who have been out of work for years to
get them early access to the training and work
experience they need to get a job –
including support to help manage heath conditions
in the work place and specialist help in looking
for and applying for jobs.
The Government expects that the reforms to
Incapacity Benefit and Employment Support
Allowance will deliver over £1.5bn of savings
over the next five years and these are built into
the Treasury plans. This is on top of £14bn
savings from lower than expected unemployment and
a further £1.5bn savings from getting more lone
parents into work.
Top of page
Debtors who
believe they can go bankrupt yet hide some of
their assets from the Official Receiver have been
told to think again by The Insolvency Service.
Bankrupts must disclose all assets, no matter how
small, or they face a penalty which could include
having their period of
bankruptcy restrictions increased by up to
15 years instead of the usual 12 months.
The Official Receiver will also seek
to recover such assets.
The new warnings have been prompted by a surge in
cases dealt with by Official Receivers where
potential bankrupts have attempted to put assets
out of reach of their creditors – up to
nearly 200 cases this year compared with just 28
in 2008-09.
Recent cases exposed by The Insolvency Service
include bankrupts who failed to disclose cash,
insurance policies and even cars to the Official
Receiver. All were found out and had their period
of bankruptcy restrictions extended. This
meant that their ability to borrow, manage a
company or even stand for the local council
remained limited by the insolvency rules for even
longer (see notes).
Senior Official Receiver for the Insolvency
Service in Great Britain, Les Cramp, said:
“The Insolvency Service always acts if we
think it is in the public interest to do so. It
is only fair to the creditors that we seek full
disclosure of any assets that might be available.
“Potential bankrupts who want the debt
relief offered by this form of insolvency must
declare all of their assets straight away.
It is then for the Official Receiver to decide
which assets must be sold for the benefit of the
creditors and which might be retained by the
debtor.”
Top of page
New rules for
businesses who want to reschedule large tax debts
under HMRC’s Business Payment Support
Service (BPSS) come into effect next month.
The BPSS gives viable businesses, experiencing
temporary difficulties paying their taxes, the
opportunity to reschedule their tax payments to a
more affordable timetable, as part of a
‘time to pay’ arrangement. These
arrangements can cover PAYE, National Insurance,
VAT or any other HMRC taxes.
From April 2010, businesses seeking time to pay
arrangements on tax debts of £1m or more must
provide an Independent Business Review (IBR) in
support of their request. Typically, an IBR will
include a review of a number of important areas,
including: current trading and financial
position; profit and cash flow projections;
business and financial strategies; management
systems; and funding and banking arrangements.
The IBR must be carried out by a qualified
professional advisor – such as an
accountancy firm or an insolvency practitioner
– and be paid for by the business making
the request. In many cases, businesses will have
already implemented a similar review, for
example, in discussions with their banks.
HMRC’s Nick Lodge said:
“In view of the amounts of tax involved,
HMRC needs to ensure that decisions about large
time to pay arrangements are supported by a
comprehensive audit trail, to help guarantee
better value for money and fairness for all
taxpayers.
“We remain committed to supporting
compliant, viable businesses through periods of
temporary difficulty by providing time to pay
arrangements under the BPSS.”
For further information on BPSS, go to
www.hmrc.gov.uk/pbr2008/business-payment.htm or
contact the BPSS helpline on 0845 302 1435. The
helpline is open from 8am to 8pm, Monday to
Friday, and 8am to 4pm at
weekends.
Top of page
HM Revenue &
Customs (HMRC) is urging businesses to get ready
for major changes to VAT and PAYE coming in this
spring.
The following VAT changes come into effect on 1
April:
·
VAT-registered traders with annual turnovers of
£100,000 or more (excluding VAT) will have to
file their VAT returns online and pay their VAT
electronically;
·
All businesses registering for VAT from April
will have to file their returns online and pay
electronically;
·
All VAT cheque payments sent by post will be
treated as being received by HMRC on the date
when cleared funds reach HMRC’s bank
account – not the date when it receives the
cheque. Businesses must allow enough time for
their cheque to reach HMRC and to clear its
account no later than the due date shown on their
VAT return, or they may be liable to a surcharge
for late payment. However, this change does not
affect any cheque payments made by Bank Giro; and
·
Anyone issuing an invoice that includes VAT, when
they are not entitled to charge it, will be
subject to a new VAT wrongdoing penalty. The
penalty charged will be a percentage of the
amount charged as VAT on an unauthorised invoice.
From May, two key PAYE changes come into effect:
·
All employers must file their Employer Annual
Return (P35 and P14s) online by the 19 May
deadline – there is no longer a paper
filing option for small employers with fewer than
50 staff. File your return on paper, even if
it’s before 19 May, and you could receive a
penalty.
·
HMRC is introducing new penalties for late
payment of PAYE. Under these changes, employers
and contractors may incur penalties if they
don’t make payments of PAYE, National
Insurance contributions, Construction Industry
Scheme deductions and student loan deductions on
time, and in full. Penalties will be calculated
as a percentage of the late amount and, for
in-year payments, the percentage charged
increases as the number of late payments in the
year increases.
To file your VAT or PAYE online, you must first
register with HMRC’s online services by
visiting www.online.hmrc.gov.uk, clicking
“Register” under the “New
user” section and then following the
instructions.
Stephen Banyard, Director of HMRC’s
Business Customer Unit, said:
“If you’re a VAT-registered trader or
an employer, make sure you’re up to speed
with all the VAT and PAYE changes coming in this
spring. If you’re well prepared for the
changes, you’ll help avoid a last-minute
rush when the new measures take effect.”
HMRC recently launched a ‘super
podcast’ covering the VAT and PAYE online
filing changes, as well as changes to corporation
tax filing and payment coming in next year. It
can be downloaded free from HMRC’s podcast
pages at www.hmrc.gov.uk/podcasts.
Further information on all the changes is
available on the HMRC website at
www.hmrc.gov.uk.
Top of page
Today the launch
of 'Insulate Today' brings together a group of
leading businesses with Sainsbury's Energy and
ACT ON CO2 as part of a pilot scheme to make it
easier, cheaper and more appealing for quarter of
a million employees to insulate their homes and
save hundreds of pounds in reduced energy bills.
Devised by we will if you will, 'Insulate Today'
is a collaborative effort from Accenture,
Aviva,HSBC, Sainsbury's. ACT ON CO2, the Energy
Saving Trust EDF Energy.
The companies involved are committed to helping
their employees lead more sustainable lives and
the 'Insulate Today' initiative will demonstrate
this by:
- Working with Sainsbury's Energy (a partnership
between EDF and Sainsbury's) to provide exclusive
insulation offers to employees - Investing in
additional incentives to encourage employees to
take up the offers (e.g. offering installed
insulation for free to a number of employees,
giving away energy monitors to help keep bills
down) - Using their extensive internal
communication channels to ensure all employees
can benefit
Last year British households wasted over £500m in
energy bills through poor insulation with less
than one in ten homes having the recommended
amount. In fact, most homes can save around £160
every year by getting their loft and cavity walls
properly insulated, reducing their carbon
footprint in the process. Despite these
significant savings, it remains a low priority
for most householders who mistakenly believe it
is difficult and expensive to install.
'Insulate Today' will play a role in meeting the
government's ambitious target of insulating all
lofts and cavity walls in the UK by 2015 by
directly accessing 250,000 employees via the
internal communications channels of some of
Britain's biggest employers.
The Government's recently launched 'Green Homes,
Warmer Homes' strategy highlighted the need to
overhaul the energy efficiency of Britain's homes
with 'pay as you save' green finance to make
energy efficiency pay from day one, ensuring up
to 7 million British households benefit from eco
upgrades by 2020 and securing up to 65,000 jobs
in the green home industry
Once the 'Insulate Today' pilot has been
completed, results will be used to potentially
develop a best practice template for large-scale
nationwide employee engagement campaigns.
Joan Ruddock, Minister of State for Energy and
Climate Change said: "The Government's ambition
is to see all lofts and cavity walls in the UK
insulated by 2015. The 'Insulate Today'
initiative will make a real contribution towards
this target. As an extension of the government's
Act on CO2 campaign, Accenture, Aviva, HSBC and
Sainsbury's are helping their employees live more
sustainable lives by offering exclusive
insulation services in partnership with
Sainsbury's Energy. Employees will save
themselves money and energy as a result."
David Hall, Campaign Director, we will if you
will said: "Mobilising consumers to insulate
their homes is a great opportunity to cut the
nation's carbon footprint and cut our energy
bills at the same time but it requires an
innovative and creative delivery model. The
collaborative approach of we will if you will
brings together a coalition of some of the UK's
biggest employers, helping us to target a massive
audience through established and trusted channels
of communication."
Top of page
Advisers at The
Leasehold Advisory service (LEASE), the
government funded service providing completely
free legal advice on leasehold matters,
report a growing frequency of calls from resident
leaseholders who are trying to improve their
building or the way it is managed but come
unstuck because buy to let owners are not willing
- or may just cannot be bothered - to participate
in exercising the leaseholders’ right to
manage the building.
The right to manage enables leaseholders to
appoint their own choice of managing agent. There
are a few hurdles to jump in exercising the right
to manage, but it is not particularly onerous,
especially if there is a group of resident
leaseholders leading the project. Those
leaseholders have a real interest in improving
the building, so working with them is actually
one of the easiest ways of protecting your
investment as a buy-to-let investor, and all that
may be required of you is your agreement to the
process, says Nicholas Kissen, Senior Legal
Adviser at the Leasehold Advisory Service (LEASE
).
Leasehold flats can look like the ideal buy to
let investment. They are often in urban locations
where demand for rented property is high and all
the maintenance work is undertaken by the
freeholder and managing agents. The tenants cover
your costs and all you have to do is sit back and
wait while your asset increases in capital
value…. Or so it would be in an
ideal world.
Of course, we don’t live in that ideal
world, and the credit and property crunch
has focussed our minds. Few investor landlords
can afford to have void periods so there is a
vested interest in taking a more proactive
interest in the property to ensure that it
remains attractive to potential tenants.
Besides, with property values not
escalating as investors originally might
have wished, and some city centre flats actually
falling in value, it makes sense to keep a close
eye on the maintenance of the fabric of the
building to underpin a future sale.
Yet advisers at The Leasehold Advisory service
(LEASE), the government funded service
providing completely free legal advice on
leasehold matters, report a growing
frequency of calls from resident leaseholders who
are trying to improve their building or the way
it is managed but come unstuck because buy to let
owners are not willing to participate in
exercising the leaseholders’ right to
manage the building.
The right for leaseholders to manage the
building themselves is an absolute right and
cannot simply be denied,. The important thing to
remember is that the leaseholders’
management company is under the same obligations
as the freeholder would have been and are bound
by the lease and its covenants. In practice, the
right to manage does not mean that the
leaseholders have the right to reduce the
service charges significantly and let the
building fall into disrepair. Indeed,
leaseholders who have been willing to undertake
the whole process of exercising the right to
manage in the first place are likely to take a
keen interest in the general upkeep and
improvement of the building and, in any case,
will generally appoint professional
managing agents.
What is the right to manage?
The Commonhold and Leasehold Reform Act 2002
provides a right for leaseholders of flats to
force the transfer of the landlord's management
functions to a special company set up by them -
the right to manage (RTM) company. There is no
need to prove that the landlord has done anything
wrong – the right to manage is there for
the taking whether the landlord's management has
been good, bad or indifferent.
If the building is self-contained, includes at
least two flats and at least two-thirds of the
flats are let to 'qualifying tenants' whose
leases were originally granted for a term of more
than 21 years, then the residents almost
certainly qualify for RTM .
Any number of qualifying leaseholders may set up
the RTM company; it does not require the full
number of participants at the initial stage,
simply enough participants to provide a chairman,
some directors and a secretary.
One of the major motivations may be to save money
on maintenance and repair works. While this is a
sensible objective, the RTM company must adopt a
responsible attitude to the long-term maintenance
aspects - the building remains in the landlord's
ownership and the flats remain the leaseholders'
principal financial assets. The RTM company
cannot save money by reducing essential services
or by allowing the block to deteriorate. The
covenants in the lease (which will not be changed
in the exercise of the right) should specify
service provision and require the property to be
maintained as it becomes necessary, not when
convenient.
The RTM company and its directors will be legally
required to comply with a wide range of company,
housing and health and safety law. It should
also, like any other landlord, comply with a
Government-approved code of management practice.
There are two such codes at present, one produced
by the Royal Institution of Chartered Surveyors
(RICS), and one by the Association of Retirement
Housing Managers (ARHM) which refers specifically
to purpose-built retirement property. While
compliance with the codes is not mandatory, they
do represent best practice (and a useful
'manual') and failure to comply is one of the
grounds for an application to the Leasehold
Valuation Tribunal – possibly by
dissatisfied neighbours - to end the right to
manage by seeking to appoint a new manager.
How is the right to manage exercised?
Exercising the right to manage starts with
leaseholders' issuing an invitation to all
qualifying leaseholders to become members of the
RTM company and continues with the service of
formal notice on the landlord and .provided the
claim is not opposed after a set period of time,
the management transfers to the right to manage
company (the RTM company) which has been set up
by the leaseholders. Once the right to manage has
been acquired, the landlord is also entitled to
membership of the company.
Getting the procedure right saves a lot of hassle
on both sides, and full details are available
from LEASE (www.lease-advice.org), who will also
be happy to provide free advice over the phone on
020 7374 5380.
So, if you do receive an invitation to join an
RTM company, do take it seriously, says Nicholas
Kissen and, if in doubt, get in touch with
LEASE.
Top of page
Eight companies
and their collaborative partners have been given
grants by the Department of Energy and Climate
Change today to explore smart technology.
The grants are part of the UK’s plan to
move to smarter energy supplies including smart
meters in every home, a smart grid and entire
smart cities.
The projects are spread across a range of various
technologies supporting smart grid development
including storage, distribution load management,
demand response controls and a network platform
for a future smart grid site in Glasgow. The
grants will support smart grid development to a
total value of £7.6 million.
The grants were awarded to:
Energy Optimizers Arqiva Ltd Highview Power
Storage Rltec Smart Grid solutions National Grid
Scottish Hydro Electric Power SP Distribution
Energy minister Lord Hunt said:
"Smart technologies will help manage the massive
shift to low carbon electricity such as wind,
nuclear and clean fossil fuels. They will
mean more efficient and reliable delivery of
electricity, reducing the costs and emissions
from electricity generation and transmission.
These projects will place the UK on a solid
platform to pursue larger scale and integrated
projects in the future.
"Globally the business of developing smart grids
has been estimated at £27 billion over the next 5
years and the UK has the know-how to be part of
that. We want to give companies the opportunities
and the support to make sure we develop the
technologies we need."
Smart grids are a highly transferrable technology
and have the potential to generate significant
export earnings for the
UK.
Top of page
The
Government’s updated Forward Programme,
setting out all business regulation planned for
introduction over the next 12 months, was
published today.
The Forward Programme was designed to create more
openness and clarity in the regulatory process
and enable decisions on new regulations to be
taken in the context of the cumulative burden of
the Government’s regulatory programme on
business and the wider economy. It builds on the
cross-Government drive to cut the costs of
regulation, which has delivered around £3 billion
in annual savings to date.
The new edition of the Forward Programme, the
second to be published, follows on from the
measures announced as part of the Budget, that
will improve the understanding of, and control
over, the flow of new regulation, including:
• setting out, from the next Parliament, a
Draft Forward Programme of the measures affecting
business that the Government intends to consult
on over the following 12 months;
• putting more emphasis on seeking
alternatives by ensuring that regulations are
only introduced once alternatives and the
“do nothing” option has been
considered as part of the public consultation
process;
• examining the case for a benefit-cost
ratio threshold and an affordability analysis
when introducing new proposals;
• publishing, for the first time,
assessments of government departments’
performance against better regulation principles,
to help strengthen their work, improve future
delivery and increase business confidence; and
• setting out the ambition for how the costs
of regulation can be reduced by a further £6.5
billion, including up to £1.5 billion reduction
in the costs of employing staff; up to £1.25
billion less to comply with building,
planning and housing regulations, and up to £500
million less to comply with health and safety
law.
Ian Lucas, Minister for Business and Regulatory
Reform, said:
“Making life simpler for businesses means
making the way Government regulates more
straightforward and easier to understand and
control.
“The updated Forward Programme confirms our
commitment to increasing transparency and
certainty, and will help businesses better
prepare for changes in regulation. It sets out
the Government’s major policy priorities,
including new measures to tackle climate change
and building and sustaining the economic
recovery.”
Sir Don Curry, Non-Executive Chair of the Better
Regulation Executive, said:
“Delivering better regulation across the
whole of Government is key to helping create the
best environment for businesses to start up,
invest and grow.
“The next steps on the better regulation
agenda, set out in the Budget, will strengthen
the management of regulation further. There
will be a new annual programme of policy
consultations, provision for a fuller public
debate on alternatives to regulation and a new
assessment of how Government departments are
performing against the better regulation
agenda.
“Along with the publication of the latest
Forward Programme, great progress is being made
to increase transparency and accountability
across Government, which is helping to improve
business and public confidence in the way
Government regulates.”
The latest edition of the Forward Programme,
details the impact of planned regulation to the
economy, and shows that around £11.6 billion in
benefits, and £9.9 billion in costs, will be
delivered over the next year as the Government
delivers on some of its top priorities, including
new measures to tackle climate change and build
on the economic recovery. It also provides
information on 43 measures that will make life
simpler for businesses and deliver more than £300
million in annual savings.
Top of page
High-tech
equipment, including 'trap houses' fitted with
hidden cameras and tagged property, is being used
by police to catch burglars thanks to a £2
million cash boost Home Office Minister Alan
Campbell announced today.
The money from the Securing Homes programme was
allocated to 16 forces across the country to buy
technology to improve burglary detection. Some of
the items purchased by forces included automatic
number plate recognition (ANPR) systems, tracking
equipment, forensic scanners, intruder alarms,
CCTV and property marking kits.
Some forces have used the funding to set up 'trap
houses' and 'trap vehicles'. These are used in
areas which police believe are being targeted by
burglars. When criminals break into the property
or vehicle, they could be recorded by hidden
cameras or any items taken may be remote tagged
or marked with ultraviolet inks allowing police
to quickly track it down and make arrests.
Home Office Minister Alan Campbell said:
"Burglary has fallen by 54 per cent since 1997
and these are encouraging signs that our
pro-active approach to crimes like burglary is
having an impact. However, we can still do more
and this funding is just one part of a wider
strategy to ensure this downward trend continues.
"This new equipment will not only help police
catch the criminals who harm communities, it will
help prevent crime as well. Once burglars realise
the home they're breaking into might be covered
by hidden cameras they might start to think
twice.
"Alongside this funding we are securing 60,000
homes across the country against burglary and
through our Vigilance Programme are tightening
the net on known offenders in 35 areas."
Forces are already seeing results thanks to the
new equipment. As part of Operation Breaker in
Oxford, prolific burglar Jason Medlicott, 35, of
Croft Road, Marston was jailed for two years and
nine months after being caught breaking into a
'trap room' set up in halls of residence at a
university in Oxford. Medlicott initially denied
the offence but when officers showed him the
video footage he admitted the offence in full.
Detective Superintendent Barry Halliday of Thames
Valley Police said:
"This is just one example of how this type of
offence is now being investigated. The use of
technology supported by methodical detailed
investigations not only secures evidence in
relation to the one offence, but often leads to
other similar offences and those who benefit from
burglary being detected and brought to justice."
Acting Assistant Chief Constable of Thames Valley
Police Andy Taylor said:
"Operation Breaker highlights the significant
impact this type of activity is having on our
ability to continue to improve our performance
around burglary detections and build on our
significant reductions for this type of offence."
In addition to 'trap house' facilities, Thames
Valley Police has increased the number of traffic
cameras across its jurisdiction which is linked
to its ANPR system 24 hours a day. This makes it
even easier for suspect vehicles to be spotted
and flagged to police.
Top of page
ECGD publishes
interim response to consultation on its business
principles.
ECGD, the UK export credit agency, today
published an interim response to its public
consultation on Government proposals to update a
number of ECGD’s procedures.
The response, which is available on ECGD’s
website, takes into account comments from more
than 20 organisations on the proposals, which
were first published in December 2009.
Following comments in one response, ECGD has
written to all respondents to give them a short
period to comment further on some of the
proposals. Their views will be taken into account
in drawing up the final response to the
consultation.
The interim response announced that:
* ECGD will in future follow the Government code
on consulting with interested parties, rather
than having its own procedures on when to
consult.
* Where ECGD reinsures another export credit
agency which is a member of the OECD (and,
therefore, follows the relevant OECD agreement in
respect of bribery), in respect of a UK
sub-contract to a main contract being
guaranteed/insured by that ECA, ECGD will
1. no longer duplicate that ECA’s
anti-bribery due diligence on the main contract.
2. use discretion in applying its own
anti-bribery procedures to the UK sub-contracts.
Lord Davies of Abersoch, UK Minister for Trade,
Investment and Small Business said:
“I am pleased that ECGD is able to make
these changes to its procedures, which should
make it more responsive to the needs of British
exporters. And the extra time ECGD is allowing
for comments on other aspects of the consultation
shows clearly that it takes these issues
seriously.”
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After four years
assessing the work of 36 national regulators and
how they interact with millions of businesses
nationwide the Better Regulation Executive today
publishes the final five Hampton Implementation
Review reports.
The final reports on the Charity Commission, the
Marine and Fisheries Agency, the Driving
Standards Agency, the Football Licensing
Authority and the Drinking Water Inspectorate
examine how the regulators match up to the
principles of effective regulation set out by Sir
Philip Hampton in 2005.
The Better Regulation Executive has set out to
establish where the recommendations of Hampton
and Macrory have been successfully implemented,
and where there is still work to do. The reports
also aim to help regulators increase openness and
transparency, highlight areas for development and
spread good practice.
Highlights from the latest reports show that:
• the Charity Commission uses technology
effectively to reduce burdens on charities,
whilst applying a risk-based and proportionate
approach across its regulatory functions; ;
• the DWI demonstrates a high level of
compliance with Hampton principles, developing
effective relationships with the water industry
and ensuring that a sustainable approach is taken
to water supplies;
• the Football Licensing Authority
inspectors are respected for their expertise on
stadia safety issues, but the organisation needs
to embed a more formal approach to risk
assessment as a whole;
• the Marine and Fisheries Agency,
while constrained by European regulatory
requirements, demonstrates compliance with a
number of Hampton principles, but could tackle
repeat offenders more effectively; and that
• the DSA seeks to reduce burdens through
effective data sharing with other agencies, but
could take steps towards greater compliance with
Hampton principles by drawing up and publishing
enforcement plans to tackle unlicensed driving
instructors.
Following the completion of the Hampton
Implementation Review process, the Better
Regulation Executive will continue to work with
regulatory bodies to embed a risk-based approach
to inspection and enforcement so as to maintain
the momentum and build on the good practice that
has been established to date.
Ian Lucas, Minister for Business and Better
Regulation, said:
“The organisations which have been assessed
through the Hampton Reviews regulate millions of
businesses, covering key areas of the UK economy
- how they carry out their regulatory activity
matters.
We need to ensure that regulation does not hinder
business growth or economic prosperity, while
also upholding the rights and protections of
business and the public.
Striking the right balance will be essential in a
regulatory framework fit for the 21st century
which creates the right conditions for UK
businesses to succeed and
grow.”
Top of page
Cash for companies to start building smart cities
Eight companies and their collaborative partners have been given grants by the Department of Energy and Climate Change today to explore smart technology. More
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New measures to strengthen regulatory management
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