Entelliz Limited is a company registered in England and Wales (Registration Number 4505969)
Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
Website © 2007-09 Entelliz Limited; Images © 2007 Jupiterimages Corporation
STOP PRESS......
New legislation on payment services
The Government will implement the EU Payment Services Directive (PSD) into UK legislation. These regulations are due to enter into force on 2 March 2009, and the PSD regulatory regime will be in place on 1 November 2009.
The PSD was agreed unanimously among all EU Member States in 2007, to deliver greater competition, economic efficiency gains, and further innovation in the payment services market, while ensuring adequate consumer protection across Europe. In the UK, the Financial Services Authority (FSA) will be the regulator for most aspects of the PSD regulatory requirements.
The PSD will also enable UK-based, non-bank businesses to enter and compete in the EU payments market on the basis of a licence obtained from the FSA in the UK. Significantly, the legislation also introduces statutory EU-wide conduct of business rules, requiring providers to properly inform their customers about the payments they are making and to increase certainty about the way payments will be delivered.
BUSINESS ARTICLE of the WEEK
Real Estate in Emerging Markets: Opportunities and Risks
Despite an ongoing financial crisis that has spared few industries and countries, participants in a recent Forum focused on the opportunities that still exist in underserved markets for those who know where to look. Panelists and guest speakers at the Forum, organized in collaboration with Interconnect Events, included global real estate developers, investors, finance specialists and top-level executives in the industry. Their overall message, as stated by one participant: "No one is safe today, but on a relative basis, the emerging markets are better positioned."
NEWSFLASH of the WEEK
New business toolkit launched to help in fight against counterfeiting and piracy
A new best practice toolkit, which gives businesses practical advice on how they can protect themselves from fake goods entering their business supply chains.
Developments in technology and communications have led to increases in intellectual property (IP) crime (counterfeiting and piracy) over the past decade, creating one of the biggest problems for businesses of all kinds around the world.
The new "Supply Chain Toolkit", which was produced by the Intellectual Property Office's IP Crime Group, includes a step by step guide on what action to take if counterfeits are found within the supply chain and how to strengthen and protect the company's IP assets. The toolkit can be found on: http://www.ipo.gov.uk/ipctoolkit.pdf
MANAGEMENT TIP of the WEEK
When You Have to Deliver Tough News
To deliver bad news and rally people through the difficult changes necessary to address the problem, use these steps:
1. Acknowledge the problem's seriousness. Use candid language, not euphemisms. Your honesty will send the message that you can be trusted.
2. Lay out a path forward to a better future. Describe the goal in alluring terms, so your group will want to do the hard work of getting there.
3. Close with a call to action. You've fanned your employees' enthusiasm, and they're ready to get started. Tell them what the first step should be in moving toward the goal.
EVENT of the WEEK
Everywoman Conference Scotland
Date: 3 March 2009
Venue: The Radisson SAS Hotel, Glasgow
Price: £45-60
You can expect a day of interactive workshops, motivational speakers and panel discussions, combined with stories from amazing women sharing their knowledge and talking about their real life experiences.
Click here to register.
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Entelliz Weekly Newsletter - week 9, 2009