Law change ensures sub-contractors are paid retention money when building companies collapse   Changes to the retention fund law for subcontractors   Subcontractors will receive better protection from construction companies that have gone bankrupt after the law is revised. Under the new law, companies holding retention funds for subcontractors must provide regular reports on the…

No more waiting for payments at weekends: Banks shift to seven-day processing   Banking 7-day conversion, payment processing possible even on weekends Previously, banks only processed payments on business days and not on weekends, but now they are switching to a 7-day payment processing system that includes weekends. Starting May 26th, dollar transactions between all…