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/latest news

CIMB Bank Berhad joins UK Dormant Assets Scheme

We are delighted to welcome CIMB Bank Berhad to the UK dormant assets scheme joining the 31 other participants of the scheme in their shared vision to enhance communities and enrich lives. CIMB Group is one of the Association of Southeast Asian Nations' (ASEAN) leading universal banking groups and is Malaysia’s second largest financial [...]

By |2020-07-22T18:35:47+00:00July 22nd, 2020|latest news|0 Comments

RFL welcomes 30th participant to its main scheme

We are pleased to welcome Raphaels Bank as our 30th participant to the dormant assets scheme – main scheme. Raphaels Bank, one of the oldest independent banks in the UK, traces its roots back to 1787 and we look forward to working together

By |2020-06-01T11:42:41+00:00June 1st, 2020|latest news|0 Comments

Government announces £150M release of dormant asset funding in response to Covid-19

Following the Culture Secretary, Oliver Dowden’s announcement earlier today, we are pleased to have been able to facilitate the release of £150m from the Dormant Assets Scheme and provide a much-needed injection of funds to front-line charities. As the regulated operator of the scheme, Reclaim Fund Ltd (RFL) has worked closely with government to accelerate [...]

By |2020-05-20T16:47:21+00:00May 20th, 2020|latest news|0 Comments

Government plans for major expansion of dormant assets scheme to benefit good causes across the UK

Adrian Smith, Chief Executive of Reclaim Fund Ltd – the FCA regulated organisation which works with industry and government to facilitate the dormant assets scheme – comments on the government consultation: “The success of the Dormant Assets Scheme in supporting good causes across the UK has been built on three core principles: prioritising consumer protection, [...]

By |2020-02-21T12:32:40+00:00February 21st, 2020|latest news|0 Comments

Enhancing Communities 2019

RFL’s annual ‘Enhancing Communities’ event took place on 8 October 2019 marking its 8th year, with over 140 attendees from financial institutions and other stakeholders across the UK. The agenda encompassed a variety of presentations including those from: Baroness Barran MBE, the Minister for Civil Society; UK good causes: Fair4All Finance, Youth Futures Federation, [...]

By |2019-10-29T17:06:25+00:00October 29th, 2019|latest news|0 Comments

RFL achieve Investors in People Gold Accreditation

RFL is delighted to announce that we have achieved a Gold accreditation Investors in People (IiP) Award. Recognised the world over, IiP accreditation demonstrates a clear commitment to the people who make up an organisation. With its Gold award, RFL is thrilled to be joining the top 16% of accredited organisations across the UK, who [...]

By |2019-08-08T14:38:40+00:00August 8th, 2019|latest news|0 Comments

Riyad Bank join the Dormant Accounts Scheme

Reclaim Fund Ltd welcomes the latest participant to its Main Scheme, Riyad Bank. Adrian Smith, CEO of RFL commented 'We are pleased to welcome Riyad Bank as a participant to the Dormant Accounts Scheme, demonstrating our continuing purpose of unlocking the potential of dormant assets to enhance communities and enrich lives'. The Dormant Accounts [...]

By |2019-06-05T08:10:29+00:00June 5th, 2019|latest news|0 Comments

RFL welcome Newcastle Building Society as first Alternative Scheme Participant

Reclaim Fund Ltd today welcomes the first participant of the Alternative Scheme at the Building Societies Annual Conference. Andrew Hague, Chief Executive of Newcastle Building Society presented a cheque for their initial scheme participation to Adrian Smith, Chief Executive of Reclaim Fund Ltd. The Alternative Scheme enables building societies and banks with balance sheet values [...]

By |2019-05-23T11:28:10+00:00May 23rd, 2019|latest news|0 Comments

Reclaim Fund Ltd to exhibit at the Building Societies Annual Conference 2019

Reclaim Fund Ltd is excited to announce its presence at the Building Societies Annual Conference to be held on 23-24 May 2019 at the QEII Conference Centre, London. The two-day conference gives attendees an opportunity to speak to the RFL team in person, about how their society can utilise its qualifying dormant account balances to [...]

By |2019-05-10T09:21:11+00:00May 16th, 2019|latest news|0 Comments

Department for Digital, Culture, Media & Sport present blueprint to expand Dormant Assets Scheme

The Department for Digital, Culture, Media and Sport have released an Independent report presenting a blueprint for expanding the Dormant Assets Scheme. The report, produced by four industry champions, marks the end of the design stage of the scheme expansion. The four industry champions comment ‘We believe that an expanded scheme, with greater participation from [...]

By |2019-04-15T12:58:27+00:00April 5th, 2019|latest news|0 Comments