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/ATOL

The IT behind running an ATOL escrow account should not be an additional mountain to climb

If you have been tasked by the CAA to put an escrow account in place, your main challenge is likely to be ensuring that your business has adequate cash flow...
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/Uncategorised

ATOL Reform – Client money segregation is not simple

The CAA’s request for further information as it continues with its consideration of ATOL Reform makes a number of references to ‘simple client account segregation’. But is any form of...
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/Uncategorised

ATOL Escrow Accounts – an incremental approach

Decisions about ATOL reform are still under deliberation; and specifics like the lead time into any mandatory segregation and the detail of the segregation options are still a long way...
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/Uncategorised

Client money segregation in the travel industry – better late than never.

Segregation of client money is one of the central tenets of the UK’s Regulatory framework for licensed professionals. Solicitors, investment agents and advisors, accountants, architects, letting agents, insurance brokers and...
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/Travel, ATOL, Trust Accounts

ATOL Reform – Request for Further Information

In January 2023, the Civil Aviation Authority published a request for further information, following responses received following its initial consultation which began in June 2021. Here follows a note summarising...
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/Travel, Trust Accounts

Helping you to run a trust account

It can be daunting to embark on implementing a travel trust account as the means of providing financial protection for consumer’s payments for travel services. Having access to standard solutions...
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