Coun Margaret Smidowicz, the council's lead member for regulatory services, enforcement and licensing, said: "I hope this serves as a reminder to lettings agents and property managers that they have a legal duty to be part of a
redress scheme and we will not hesitate to issue fines if they are not.
(9) One obvious type of punitive sanction with that potential is the
redress facilitation order.
"If so, it's a very silly idea, because the whole point of a
redress scheme is to encourage people to go the simple route and take a lesser sum of money, than if they go to law and litigate," Morrison told Guardian Australia.
"As all three
redress schemes adhere to a Memorandum of Understanding, this agent will not be able to join any of the authorised
redress schemes under his given circumstances.
The report by the Panel of Experts on
Redress will be presented today.
Children's Minister James Reilly said it was a matter for the commission to recommend at any time whether any survivors should receive
redress.
During the seminar last week, participants, who are members of grievance
redress committees in different regions, learned how to handle project complaints at project level, and to promote community involvement during project implementation.
Scheme administrators paid out PS450 million worth of compensation while the remaining 4.63 million people who were eligible to apply for
redress missed out on potentially collectively getting back PS850 million.
A new CFA Institute study,
Redress in Retail Investment Markets, makes six recommendations for how retail investors can help to address malpractice in the financial markets.
By DAVID WILLIAMSON Parliamentary Correspondent
Redress scheme call CEREDIGION MP Mark Williams has callsed for a "for a full and adequate
redress scheme" for small businesses who have been given "toxic loans".
This has resulted in largest supplier payout to consumers, with E.ON required to pay GBP12m in
redress to vulnerable customers.
THESE banks have taken advantage of a loophole that allows for something called "alternative
redress", the result obviously being that the bank pays out less and as a consequence your pay-out is reduced.
An investigation by the BBC claims that Lloyds has been reducing payouts to personal loan customers who believe they were wrongly sold PPI by using socalled comparative - or alternative -
redress.
Parliament, Council and Commission have reached an agreement on the proposed directive allowing for collective
redress in cartel cases
