Treatment of Dormant Accounts
Dormant Accounts have generated growing attention over the last decade
from the media, consumers, financial institutions, charities and most
recently the Government. Government involvement is likely to result
in the introduction of legislation requiring the transfer of funds from
inactive dormant bank and building society accounts to charitable projects.
This issue has enormous implications for banks and building societies
and potentially others, impacting on cash flows, customer relationships
and compliance. The conference brings together these impacted groups
to present views from industry, the consumer and Government to discuss
the implications of this significant change and what can be done about
it.
Gillian Key-Vice, Experian
Gillian Key-Vice joined Experian in July 2001 with 30 years experience
in banking. She was Head of Credit Scoring in their Group Risk Department.
She was also a key player in credit industry issues relating to the
use of data representing the British Bankers’ Association in a
variety of industry matters such as negotiations on third party data
and access to the electoral register.
Her responsibilities in Experian for Regulatory Affairs cover a wide
range of issues relating to Experian’s use of, or access to, data
and/or the supply of that data to our clients.
She is a trusted advisor to the UK government, trade associations and
clients on a variety of data and credit related issues. She is a founder
member of SCOR - the cross industry data committee and also sits on
the Government advisory group on overindebtedness.
Since Q3 2005 she has also had responsibility for similar issues at
Experian International providing advice and support to Experian businesses
in Europe, South Africa and the Asia Pacific region. So far she has
been involved in a number of European countries as well as South Africa,
India, China, Japan and Australia. |
