201512 CM December
The CICM magazine for consumer and commercial credit professionals.
The CICM magazine for consumer and commercial credit professionals.
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CONTENTS<br />
DECEMBER 2015<br />
www.cicm.com<br />
REGULARS<br />
4 Editor’s column<br />
6 News<br />
34 Freeths Legal Matters<br />
38 International Trade<br />
43 HR Matters<br />
52 Forthcoming Events<br />
54 Branch News<br />
58 New members<br />
59 Cr£ditWho? directory<br />
63 Crossword<br />
FEATURES<br />
11 INSOLVENCY NEWS<br />
David Kerr takes a look at the latest news<br />
from the world of insolvency.<br />
22 EDUCATION<br />
Which qualification is right for you?<br />
24 BUSINESS APPS<br />
Credit Management takes a look at the<br />
most useful business apps for tablets<br />
and the most popular games for passing<br />
the time.<br />
26 VIEW FROM THE SEAFRONT<br />
Feature special<br />
David Andrews discusses his various<br />
attempts at acting and how suffering<br />
for one’s art is a cliche.<br />
28 MAKE YOUR CASE<br />
Front cover feature<br />
What’s in a word? Well quite a bit<br />
apparently, especially if you are navigating<br />
your way through the relatively new<br />
regulatory landscape of the Financial<br />
Conduct Authority (FCA). Sean Feast<br />
reports.<br />
32 SOAPBOX CHALLENGE<br />
Chris Sanders FCI<strong>CM</strong> shares our managing<br />
editor’s dislike of jargon, and specifically<br />
how it has infiltrated the world of the<br />
consultant.<br />
13<br />
28<br />
12 OPINION<br />
Philip King reflects on a successful 12<br />
months.<br />
13 ASK THE EXPERTS<br />
Stephen Pigney considers the issues of<br />
‘dirty money’ and the implications of the<br />
4th Anti-Money Laundering Directive on<br />
banks and businesses.<br />
33 DEEPER POCKETS<br />
Salaries are increasing for credit<br />
professionals, but it is career development<br />
that you really want says Karen Young.<br />
34 LEGAL HELP FOR CI<strong>CM</strong> MEMBERS<br />
The CI<strong>CM</strong>’s legal partner Freeths provides<br />
legal advice for CI<strong>CM</strong> members and their<br />
employees.<br />
16 LEGAL MATTERS<br />
Peter Walker says that banks have<br />
to question complicated financial<br />
arrangements as a result of a recent<br />
case of money laundering originating in<br />
Gibraltar.<br />
19 INTERVIEW<br />
Sean Feast speaks to Kevin Still MCI<strong>CM</strong><br />
about the future of debt management.<br />
36 PAYMENT TRENDS<br />
Jason Braidwood FCI<strong>CM</strong>(Grad) analyses .<br />
the latest monthly business-to-business .<br />
payment performance statistics.<br />
45 EDUCATION<br />
Once you have made the decision to<br />
pursue a CI<strong>CM</strong> Credit Management<br />
qualification you need to decide on your<br />
preferred method of study.<br />
26<br />
CI<strong>CM</strong> GOVERNANCE<br />
PRESIDENT<br />
Stephen Baister FCI<strong>CM</strong><br />
CHIEF EXECUTIVE<br />
Philip King FCI<strong>CM</strong> CdipAF MBA<br />
EXECUTIVE BOARD<br />
Bryony Pettifor FCI<strong>CM</strong>(Grad) - Chair<br />
David Thornley FCI<strong>CM</strong><br />
Gerard Barron FCI<strong>CM</strong><br />
Laurie Beagle FCI<strong>CM</strong> – Vice Chair<br />
Larry Coltman FCI<strong>CM</strong> – Treasurer<br />
Victoria Herd FCI<strong>CM</strong><br />
ADVISORY COUNCIL<br />
Bryony Pettifor FCI<strong>CM</strong>(Grad) – Chair<br />
Carole Morgan FCI<strong>CM</strong><br />
Catherine Bradford MCI<strong>CM</strong> (Acting)<br />
Charlie Robertson FCI<strong>CM</strong><br />
Chris Sanders FCI<strong>CM</strong><br />
David Thornley FCI<strong>CM</strong><br />
Edward Judge MCI<strong>CM</strong><br />
Eleimon Gonis MCI<strong>CM</strong><br />
Gerard Barron FCI<strong>CM</strong><br />
Glen Bullivant FCI<strong>CM</strong><br />
Jacky Cooper FCI<strong>CM</strong><br />
Larry Coltman FCI<strong>CM</strong> – Treasurer<br />
Laurie Beagle FCI<strong>CM</strong> – Vice Chair<br />
Neil Jinks FCI<strong>CM</strong><br />
Paul Woodward MCI<strong>CM</strong>(Grad)<br />
Peter Powell MCI<strong>CM</strong> (Acting)<br />
Peter Whitmore FCI<strong>CM</strong><br />
Richard Seadon FCI<strong>CM</strong><br />
Salima Paul FCI<strong>CM</strong><br />
Sharon Adams MCI<strong>CM</strong>(Grad)<br />
Sue Chapple FCI<strong>CM</strong><br />
Victoria Herd FCI<strong>CM</strong><br />
The recognised standard in credit management<br />
www.cicm.com <strong>December</strong> 2015 3
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