Bouncing Back Episode 1: Will Defaulting on a Bounce Back Loan Lead to Bankruptcy Proceedings?
Letters and Demands
FCA’s Stern Letter to Lenders Ordering Halt to Bounce Back Loan Scams and SME Abuse
The FCA sent a blistering letter to lenders, demanding they stop BBL scams and SME mistreatment. We share the full text. […]
Special Reports
Public Accounts Committee Slams Lax Bounce Back Loan Fraud Action, Accuses Banks of Guarantee Abuse
The Public Accounts Committee blasts weak Bounce Back Loan fraud enforcement, suggesting banks are recklessly claiming guarantees with little oversight. […]
Special Reports
Companies House Unveils Reforms to Combat Bounce Back Loan Scheme Abuse
Companies House’s “Strategic Intelligence Assessment” outlines plans to modernize and prevent system abuse, revealing how directors exploited the Bounce Back Loan scheme and proposing tougher oversight. […]