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 the main points of that document:- Respondents reported concerns about the availability and coverage of financial products for the entirety of the travel industry, the […]
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 to assist with putting together the ingredients to make up your chosen trust structure can ease that burden. Trust accounts have historically been viewed by […]
Trust Accounts – Case study 1
The Start Up Travel Business Often, my first conversation about trust accounts isn’t really about the trust account itself. It’s about the commercial objectives of the start-up company, the resources they have to tackle those objectives, and the legal framework in which they are operating. So many travel companies come to me who are trading […]
