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Suggested warning letter to HSBC et al

How can we solve it? (keep it civilized)

Postby paliometoxo » Tue Jan 26, 2010 3:10 pm

your lucky deniz to have been in cyprus while there was no green lines and soldiers here living together

it was before i was born and before my time

.. soon after the invasion my uncles would tell me stories of the turks throwing rocks and trying to pull gcs into the buffer zone so they could shoot them and get away with it,and today what is seen as a very easy job in the army standing guard at the green line was then very dangerous as they where closer tot he turkish soldiers
Last edited by paliometoxo on Tue Jan 26, 2010 3:12 pm, edited 1 time in total.
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Postby vaughanwilliams » Tue Jan 26, 2010 3:11 pm

Epiktitos wrote:
bill cobbett wrote:
Epiktitos wrote:Someone can correct me if I'm wrong, but the Orams ruling asserts that the laws of the Republic of Cyprus apply in the occupied north regardless of the ability of the Republic to enforce those laws then.

In this case, the physical location of HSBC outlets is secondary since HSBC is subject to the banking and commercial laws of the RoC. Banks are subject to supervision, reserve requirements, audits, taxation, etc. HSBC is effectively carrying out a banking business in contravention of the laws of the RoC and they can presumably be prosecuted by the appropriate banking or financial regulator just like I would be prosecuted if I illegally operated Epiktitos Bank Incorporated in Larnaca.

My guess is that this line of reasoning applies for any transnational business operating in the occupied north without the necessary license, or that has neglected to pay taxes to the RoC treasury. I suspect that the issue of trespass will become secondary where transnational businesses are concerned.


Yes and an action for violation of banking laws would be a prosecution by the appropriate authority of the RoC but so far the RoC gov hasn't engaged in prosecutions. Would be good to see such a test prosecution.

All the actions to date have been by private individuals (perhaps with the support of the RoC)

Welcome to CF.

Welcome to CF.

Thank you!

It would seem that if the strategy is to turn the screws on the tnucland economy, preventing foreign banks from operating there would be a good place to start. Just going after them for trespass would get them to move premises and pay damages but otherwise continue operating.

Another would be airlines, which given the nature of their business (flying to airports in the EU) would be prime candidates due to the ease of which judgments could be enforced (i.e. seize an airbus when it lands at Gatwick or wherever).

I guess such a move would result in unheard of squealing from the tnucland regime, and an abrupt end to any talks in the near termquote]

"...an abrupt end to any talks..."
And I guess that is what you really want.
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Postby Epiktitos » Tue Jan 26, 2010 3:14 pm

vaughanwilliams wrote:
Epiktitos wrote:
bill cobbett wrote:
Epiktitos wrote:Someone can correct me if I'm wrong, but the Orams ruling asserts that the laws of the Republic of Cyprus apply in the occupied north regardless of the ability of the Republic to enforce those laws then.

In this case, the physical location of HSBC outlets is secondary since HSBC is subject to the banking and commercial laws of the RoC. Banks are subject to supervision, reserve requirements, audits, taxation, etc. HSBC is effectively carrying out a banking business in contravention of the laws of the RoC and they can presumably be prosecuted by the appropriate banking or financial regulator just like I would be prosecuted if I illegally operated Epiktitos Bank Incorporated in Larnaca.

My guess is that this line of reasoning applies for any transnational business operating in the occupied north without the necessary license, or that has neglected to pay taxes to the RoC treasury. I suspect that the issue of trespass will become secondary where transnational businesses are concerned.


Yes and an action for violation of banking laws would be a prosecution by the appropriate authority of the RoC but so far the RoC gov hasn't engaged in prosecutions. Would be good to see such a test prosecution.

All the actions to date have been by private individuals (perhaps with the support of the RoC)

Welcome to CF.

Welcome to CF.

Thank you!

It would seem that if the strategy is to turn the screws on the tnucland economy, preventing foreign banks from operating there would be a good place to start. Just going after them for trespass would get them to move premises and pay damages but otherwise continue operating.

Another would be airlines, which given the nature of their business (flying to airports in the EU) would be prime candidates due to the ease of which judgments could be enforced (i.e. seize an airbus when it lands at Gatwick or wherever).

I guess such a move would result in unheard of squealing from the tnucland regime, and an abrupt end to any talks in the near term

"...an abrupt end to any talks..."

And I guess that is what you really want.

If an abrupt end to the talks was what was wanted, do you not suppose that Christofias would just not terminate the talks?
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Postby yorgozlu » Tue Jan 26, 2010 3:20 pm

Gasman wrote:It's foolish to assume you know how much others know. As foolish as it is to blurt out EVERYTHING you know on an open forum!


or,another way of putting it:

Laf ile pilav olsaydi,deniz kadar da yag isterdi!!! :wink:
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Postby vaughanwilliams » Tue Jan 26, 2010 3:21 pm

Epiktitos wrote:
vaughanwilliams wrote:
Epiktitos wrote:
bill cobbett wrote:
Epiktitos wrote:Someone can correct me if I'm wrong, but the Orams ruling asserts that the laws of the Republic of Cyprus apply in the occupied north regardless of the ability of the Republic to enforce those laws then.

In this case, the physical location of HSBC outlets is secondary since HSBC is subject to the banking and commercial laws of the RoC. Banks are subject to supervision, reserve requirements, audits, taxation, etc. HSBC is effectively carrying out a banking business in contravention of the laws of the RoC and they can presumably be prosecuted by the appropriate banking or financial regulator just like I would be prosecuted if I illegally operated Epiktitos Bank Incorporated in Larnaca.

My guess is that this line of reasoning applies for any transnational business operating in the occupied north without the necessary license, or that has neglected to pay taxes to the RoC treasury. I suspect that the issue of trespass will become secondary where transnational businesses are concerned.


Yes and an action for violation of banking laws would be a prosecution by the appropriate authority of the RoC but so far the RoC gov hasn't engaged in prosecutions. Would be good to see such a test prosecution.

All the actions to date have been by private individuals (perhaps with the support of the RoC)

Welcome to CF.

Welcome to CF.

Thank you!

It would seem that if the strategy is to turn the screws on the tnucland economy, preventing foreign banks from operating there would be a good place to start. Just going after them for trespass would get them to move premises and pay damages but otherwise continue operating.

Another would be airlines, which given the nature of their business (flying to airports in the EU) would be prime candidates due to the ease of which judgments could be enforced (i.e. seize an airbus when it lands at Gatwick or wherever).

I guess such a move would result in unheard of squealing from the tnucland regime, and an abrupt end to any talks in the near term

"...an abrupt end to any talks..."

And I guess that is what you really want.

If an abrupt end to the talks was what was wanted, do you not suppose that Christofias would just not terminate the talks?


Sorry. Didn't make myself clear. I wasn't talking about your Pres. I was talking about you guys.
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Postby Epiktitos » Tue Jan 26, 2010 3:27 pm

vaughanwilliams wrote:
Epiktitos wrote:
vaughanwilliams wrote:
Epiktitos wrote:
bill cobbett wrote:
Epiktitos wrote:Someone can correct me if I'm wrong, but the Orams ruling asserts that the laws of the Republic of Cyprus apply in the occupied north regardless of the ability of the Republic to enforce those laws then.

In this case, the physical location of HSBC outlets is secondary since HSBC is subject to the banking and commercial laws of the RoC. Banks are subject to supervision, reserve requirements, audits, taxation, etc. HSBC is effectively carrying out a banking business in contravention of the laws of the RoC and they can presumably be prosecuted by the appropriate banking or financial regulator just like I would be prosecuted if I illegally operated Epiktitos Bank Incorporated in Larnaca.

My guess is that this line of reasoning applies for any transnational business operating in the occupied north without the necessary license, or that has neglected to pay taxes to the RoC treasury. I suspect that the issue of trespass will become secondary where transnational businesses are concerned.


Yes and an action for violation of banking laws would be a prosecution by the appropriate authority of the RoC but so far the RoC gov hasn't engaged in prosecutions. Would be good to see such a test prosecution.

All the actions to date have been by private individuals (perhaps with the support of the RoC)

Welcome to CF.

Welcome to CF.

Thank you!

It would seem that if the strategy is to turn the screws on the tnucland economy, preventing foreign banks from operating there would be a good place to start. Just going after them for trespass would get them to move premises and pay damages but otherwise continue operating.

Another would be airlines, which given the nature of their business (flying to airports in the EU) would be prime candidates due to the ease of which judgments could be enforced (i.e. seize an airbus when it lands at Gatwick or wherever).

I guess such a move would result in unheard of squealing from the tnucland regime, and an abrupt end to any talks in the near term

"...an abrupt end to any talks..."

And I guess that is what you really want.

If an abrupt end to the talks was what was wanted, do you not suppose that Christofias would just not terminate the talks?


Sorry. Didn't make myself clear. I wasn't talking about your Pres. I was talking about you guys.

I can't speak for anybody else, but I'm not too fussed one way or another with the current talks. It's obvious to me at least that the turks are not going to offer up anything even remotely acceptable in this round of discussions, and that the whole thing is a propaganda exercise. Once the current talks are over perhaps the RoC will turn to gradually strangulating the tnucland economy via the courts and then see if the other side is willing to play ball after a few years of eating nothing but turnips.
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Postby denizaksulu » Tue Jan 26, 2010 3:30 pm

yorgozlu wrote:
Gasman wrote:It's foolish to assume you know how much others know. As foolish as it is to blurt out EVERYTHING you know on an open forum!


or,another way of putting it:

Laf ile pilav olsaydi,deniz kadar da yag isterdi!!! :wink:



Merhaba Yorgozlu, göbeğim sana ne yaptı ki?

I am currently on a fat free diet. :lol: :lol:

ve de Cyprus Forum'a Hoş 'geldiniz diyorum'; if I had not greeted you previously. :lol: :lol:
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Postby vaughanwilliams » Tue Jan 26, 2010 3:36 pm

Epiktitos wrote:
vaughanwilliams wrote:
Epiktitos wrote:
vaughanwilliams wrote:
Epiktitos wrote:
bill cobbett wrote:
Epiktitos wrote:Someone can correct me if I'm wrong, but the Orams ruling asserts that the laws of the Republic of Cyprus apply in the occupied north regardless of the ability of the Republic to enforce those laws then.

In this case, the physical location of HSBC outlets is secondary since HSBC is subject to the banking and commercial laws of the RoC. Banks are subject to supervision, reserve requirements, audits, taxation, etc. HSBC is effectively carrying out a banking business in contravention of the laws of the RoC and they can presumably be prosecuted by the appropriate banking or financial regulator just like I would be prosecuted if I illegally operated Epiktitos Bank Incorporated in Larnaca.

My guess is that this line of reasoning applies for any transnational business operating in the occupied north without the necessary license, or that has neglected to pay taxes to the RoC treasury. I suspect that the issue of trespass will become secondary where transnational businesses are concerned.


Yes and an action for violation of banking laws would be a prosecution by the appropriate authority of the RoC but so far the RoC gov hasn't engaged in prosecutions. Would be good to see such a test prosecution.

All the actions to date have been by private individuals (perhaps with the support of the RoC)

Welcome to CF.

Welcome to CF.

Thank you!

It would seem that if the strategy is to turn the screws on the tnucland economy, preventing foreign banks from operating there would be a good place to start. Just going after them for trespass would get them to move premises and pay damages but otherwise continue operating.

Another would be airlines, which given the nature of their business (flying to airports in the EU) would be prime candidates due to the ease of which judgments could be enforced (i.e. seize an airbus when it lands at Gatwick or wherever).

I guess such a move would result in unheard of squealing from the tnucland regime, and an abrupt end to any talks in the near term

"...an abrupt end to any talks..."

And I guess that is what you really want.

If an abrupt end to the talks was what was wanted, do you not suppose that Christofias would just not terminate the talks?


Sorry. Didn't make myself clear. I wasn't talking about your Pres. I was talking about you guys.

I can't speak for anybody else, but I'm not too fussed one way or another with the current talks. It's obvious to me at least that the turks are not going to offer up anything even remotely acceptable in this round of discussions, and that the whole thing is a propaganda exercise. Once the current talks are over perhaps the RoC will turn to gradually strangulating the tnucland economy via the courts and then see if the other side is willing to play ball after a few years of eating nothing but turnips.


"...the RoC will turn to gradually strangulating the tnucland economy..."
Nice to see someone brave enough to show their true colours.
And once the last TC has left Cyprus (which is what you no doubt want) and everyone in the TRNC is a mainlander (which is not what you'll want), you'll see if they want to play ball with you, or just stuff the bat up your arse. :D
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Postby yorgozlu » Tue Jan 26, 2010 3:36 pm

denizaksulu wrote:
yorgozlu wrote:
Gasman wrote:It's foolish to assume you know how much others know. As foolish as it is to blurt out EVERYTHING you know on an open forum!


or,another way of putting it:

Laf ile pilav olsaydi,deniz kadar da yag isterdi!!! :wink:



Merhaba Yorgozlu, göbeğim sana ne yaptı ki?

I am currently on a fat free diet. :lol: :lol:

ve de Cyprus Forum'a Hoş 'geldiniz diyorum'; if I had not greeted you previously. :lol: :lol:


Thank you Denizaksulu,I now know,at least one member on this forum has manners! :lol: :lol:
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Postby denizaksulu » Tue Jan 26, 2010 3:44 pm

yorgozlu wrote:
denizaksulu wrote:
yorgozlu wrote:
Gasman wrote:It's foolish to assume you know how much others know. As foolish as it is to blurt out EVERYTHING you know on an open forum!


or,another way of putting it:

Laf ile pilav olsaydi,deniz kadar da yag isterdi!!! :wink:



Merhaba Yorgozlu, göbeğim sana ne yaptı ki?

I am currently on a fat free diet. :lol: :lol:

ve de Cyprus Forum'a Hoş 'geldiniz diyorum'; if I had not greeted you previously. :lol: :lol:


Thank you Denizaksulu,I now know,at least one member on this forum has manners! :lol: :lol:



As long as you do NOT call me 'old boy, what!!' (like Yfred, nothing will change) :lol: I am only 64 years young. :twisted:
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