Technical Update December 2013

This technical update contains the following:-

• Draft SIP 3 CVAs

CASE LAW
• Court’s view on Trustee’s costs
• Administrators may make redundancies for economic
reasons
• Adjudication of pre-CVA debt
• EC regulation, COMI and provisional liquidators
• S238 requires the company to enter into the transaction

LEGISLATIVE UPDATE
• Protected Trust Deeds Scotland

GENERAL INFORMATION
• Guidance on Fees and Ethics
• FSA guidance on selling of interest rate hedging
products
• Urgent applications
• PPI claims and tax on interest
• Guidance for PPI in Trust Deeds & Sequestrations
• PVA and RPO claims
• JIEB & CPI Courses

Technical update December 2013