There have now been additional changes to IATA’s rules. Please see our updated post here.
In all the mayhem of the past few months, it may have escaped your notice that IATA has introduced a number of changes to its approach for assessing UK ticketing agents.
These changes could have material and wide-reaching consequences for your business, and you should review their impact carefully.
Here we have summarised our view of the most significant changes and identified some areas for you to consider. We hope you find it useful, but please remember, this is not meant to be an exhaustive list of all impacts. As always, there is no substitute for advice which is specifically tailored to your business!
We’ve covered:
-Changes to Local Financial Criteria
-New method of calculating Risk Holding Capacity
-New rules on the horizon for large agents
If you have any questions, please get in touch.
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