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Leek United Building Society are the latest participant to join the UK Dormant Assets Scheme – Alternative Scheme.

Marking a significant milestone, the Dormant Assets Bill has today received Royal Assent, bringing forward new legislation to expand the existing Dormant Assets Scheme operated by Reclaim Fund Ltd (RFL) since 2011.

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

RFL is delighted to have been awarded the Good Business Pays ‘Fast Payer Award’, which recognises companies that have demonstrated excellent payment practice to their suppliers consistently over the last 12 months.

As colleagues and friends at RFL, we would like to extend our sincere congratulations to our CEO, Adrian Smith who was recognised in the Queen’s New Year’s Honours list and has been awarded an OBE for services to the financial sector.

Building on the successful achievement of attaining a gold standard Investors in People Award in 2019, we are delighted to announce that RFL has been awarded a gold standard We Invest in Wellbeing Award.

Reclaim Fund Ltd welcomes the latest participant to its Main Scheme, Riyad Bank.

RFL welcomes National Bank of Egypt (UK) Limited as its newest main scheme participant. National Bank of Egypt (UK) Limited is a British Bank with significant connections with Egyptian Markets worldwide.

Reclaim Fund Ltd (RFL) can today announce that as of 30 March 2021, the RFL shareholding by Angel Square Investments (formerly known as The Co-operative Banking Group Limited) has been transferred to HM Treasury.

RFL today celebrated its decade milestone with the release of a specially produced short film. The film highlights the success of the Dormant Assets Scheme and RFL’s stewardship over the last 10 years.