Malapapa wrote:Viewpoint wrote:Mala what a slap in the Face not exactly the result you expected the word legitimate must have stuck in your throat. They even referred to the trnc central bank as being the regulating body man what a result.
You've no idea how useless the UK FCA is, allowing some junior on the customer advice desk to score such a monumental own goal - and on FSA letterhead paper, too!
MP, I wonder if any of the liturature of the trashcan HSBC makes ref to being regulater by the FSA??? This would be another avenue.
So, what the FSA are saying a regulated bank in the west can operate an ilegitimate business in an illigegal state and still be considered to be 'OK' perhaps one of the tabloids would be better placed to followup on such a scandel.
I would like to hear the opinion of Mr Cadunas on this matter.