Scope and Territorial Considerations
The Regulation applies to the provision of crowdfunding services that consist of matching the business funding interests of investors and project owners through a platform and involve either loans or the placing of equity or debt instruments by the project owner or a special purpose vehicle (SPV).
3 A “loan” is defined to include only those arrangements in which a defined amount of money is made available to a project for an agreed period of time and where repayment is made in accordance with an instalment payment schedule. Alternative or innovative loan products and even loans with well-known features (such as bullet repayments and revolving facilities) may fall outside the definition. The narrow scope of permissible services under the Regulation will likely limit the degree to which platforms can adapt to cater to clients’ individual circumstances and offer innovative products to investors.
Monday April 19, 2021, 11:17 AM
East Kent Hospitals University NHS Foundation Trust has pleaded guilty to failing to provide safe care and treatment for seven-day-old Harry Richford.
East Kent Hospitals University NHS Foundation Trust has pleaded guilty at Folkestone Magistrates Court to failing to provide safe care and treatment for seven-day-old Harry Richford, who died in 2017, and his mother Sarah Richford.
The trust admitted failing to provide safe care and treatment to Harry and his mother Sarah Richford under the Health and Social Care Act 2008 (Regulated Activities) Regulations.
East Kent Hospitals Chief Executive, Susan Acott, said: “We are deeply sorry that we failed Harry, Sarah and the Richford family and apologise unreservedly for our failures in their care.
By Press Association 2021
Tom and Sarah Richford
The parents of a baby boy who died at a scandal-hit NHS trust say they now have “some sort of justice” after spending years fighting for change.
Harry Richford’s “wholly avoidable” death in November 2017 led to East Kent Hospitals University NHS Foundation Trust being charged and taken to court.
His parents say they fear that serious failings would have been “brushed under a carpet” if they had not campaigned for answers.
There have been reports that at least seven preventable baby deaths may have occurred at the trust since 2016.
On Monday the trust admitted failing to provide safe care and treatment to Harry and his mother Sarah Richford under the Health and Social Care Act 2008 (Regulated Activities) Regulations, in the first prosecution of its kind.
East Kent hospitals trust admits failing to provide safe care for Harry Richford and his mother
Sarah and Tom Richford with their son Harry, who died seven days after he was born in November 2017. Photograph: Derek Richford/PA
Sarah and Tom Richford with their son Harry, who died seven days after he was born in November 2017. Photograph: Derek Richford/PA
PAMedia
Mon 19 Apr 2021 06.50 EDT
First published on Mon 19 Apr 2021 06.18 EDT
An NHS trust has pleaded guilty to failing to provide safe care and treatment after the death of a baby boy.
Representatives for East Kent hospitals university NHS foundation trust were in court on Monday after the death of Harry Richford seven days after his emergency delivery.
By Press Association 2021
Tom and Sarah Richford
An NHS trust has pleaded guilty to failing to provide safe care and treatment following the death of a baby boy.
Representatives for East Kent Hospitals University NHS Foundation Trust were in court on Monday following the death of Harry Richford seven days after his emergency delivery.
An inquest found that Harry’s death at the Queen Elizabeth The Queen Mother Hospital in Margate in November 2017 was “wholly avoidable”.
At Folkestone Magistrates’ Court in Kent, the trust admitted failing to provide safe care and treatment to Harry and his mother Sarah Richford under the Health and Social Care Act 2008 (Regulated Activities) Regulations.