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Watchdog ‘will not rush’ after receiving delayed RBS report

James Hurley, Enterprise Editor October 6 2016, 12:01am, The Times Eddie and Cheryl Warren, former owners of The Bold Hotel in Southport, have spoken about the personal toll of losing their business after an encounter with GRG The Financial Conduct Authority has…

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RBS chiefs may face fraud trial over seizure of IT firm

Tom Harper and Aimee Donnellan June 12 2016, 12:01am, The Sunday Times Neil Mitchell, who is trying to mount a private criminal prosecution against RBS executives, with girlfriend Sarah Morgan yesterday FRANCESCO GUIDICINI Senior executives at the Royal Bank of Scotland are facing…

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LEXLAW Case Study: RBS pay £1m to settle derivatives mis-selling claim with social care provider

Posted on: July 2, 2016 The Royal Bank of Scotland PLC (RBS.L) has been forced to settle a High Court claim [1] over the mis-selling of two complex collar derivatives [2] in 2007 to Mehnaaz Chaudhry, a businesswoman who provides residential care…

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A lawyer spotted a big mistake made by Britain’s financial regulator when handling sensitive info from businesses

Business Insider UK By Lianna Brinded Jun. 2, 2016, 10:35 AM Britain’s financial regulator made two huge oversights when it came to treating sensitive information from the SME Alliance, a small not-for-profit group that aims to help small to medium enterprises…

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SFO rejects claim that it ignored tip-offs

The SFO recently asked the Treasury for £21 million to continue its current investigations Harry Wilson City Editor Published at 12:01AM, February 8 2016 A row has erupted between the Serious Fraud Office and one of London’s leading law firms…

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£12BILLION… The slump in profits from the taxpayer bailout of the banks in just seven months

By Alex Hawkes Financial Mail On Sunday PUBLISHED: 21:56, 6 February 2016 | UPDATED: 13:34, 7 February 2016 Grim: George Osborne claimed in June that the Treasury’s original stakes in RBS, Lloyds, Northern Rock and others would yield a £14…

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Corporate FatCat’s Beware

Evening Standard Martin Bentham Wednesday 6 January 2016 Fraud chief calls for tougher corporate prosecution laws Reforms: Serious Fraud Office chief David Green says large businesses with a culture of criminality are “not being brought to justice” Prosecutors should have US-style…

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Osborne Saved Banks From The Dogs, But He Cant Stop The SME’s Seeking Justice

Banking culture inquiry scrapped by regulator FCA as “Osborne pulls dogs off the banks” The Independent Hazel Sheffield Thursday 31 December 2015 Labour MP John Mann told the Independent that the decision directly relates to the sacking of Martin Wheatley, former…

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Labour & Lib Dem Peers Voice Fury

Mirror 13:43, 14 Dec 2015 Updated 16:43, 14 Dec 2015 BY Dan Bloom The Tories have quietly scrapped a crackdown on fatcat bank bosses Going easy on the bankers: George Osborne The Tories have quietly dropped a crackdown on fatcat bosses who preside over reckless…

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Lords could derail Osborne’s plans to soften rules on banker accountability

The Guardian By Simon Bowers and Jill Treanor Sunday 13 December 2015 16.27 GMT Opposition peers proposing to amend Bank of England bill, which would unwind tougher regulation set up by the coalition in 2013 The Conservative party does not have…

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