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HSBC and the UK Financial Services Authority

How can we solve it? (keep it civilized)

Postby vaughanwilliams » Wed Apr 28, 2010 9:40 am

Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


It probably hasn't escaped your attention that our GC friends claim that the embargoes on the TRNC are self-inflicted and the fault of either the TRNC or TR, yet as soon as there looks like an opportunity to ease the pressure on TRNC (direct trade, sport, etc.) they are vocal and active in opposing them. :shock:
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Postby DT. » Wed Apr 28, 2010 10:11 am

vaughanwilliams wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


It probably hasn't escaped your attention that our GC friends claim that the embargoes on the TRNC are self-inflicted and the fault of either the TRNC or TR, yet as soon as there looks like an opportunity to ease the pressure on TRNC (direct trade, sport, etc.) they are vocal and active in opposing them. :shock:


trade and travel all you like via the legal channels. Once you get it in your head that the north is considered occupied territory and therefore does not and should not have the authority to carry out these actions, you'll start understanding this whole "embargo" situation.
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Postby Malapapa » Wed Apr 28, 2010 10:49 am

Gasman wrote:
You've no idea who I am, to make that judgement.


True. But presumably, neither does the Cyprus Govt, the Cyprus High Commission, the FSA etc. - as you say yourself, they have either not bothered to respond to you at all or given responses which do not address your concerns.


You presume too much.
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Postby Malapapa » Wed Apr 28, 2010 11:18 am

Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.
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Postby vaughanwilliams » Wed Apr 28, 2010 11:35 am

Malapapa wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.




And I'm pleased that you haven't put TRNC in inverted commas.
Bowing to the inevitable?
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Postby denizaksulu » Wed Apr 28, 2010 11:42 am

vaughanwilliams wrote:
Malapapa wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.




And I'm pleased that you haven't put TRNC in inverted commas.
Bowing to the inevitable?


:lol: :lol: :lol:

Changing times huh!!!
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Postby vaughanwilliams » Wed Apr 28, 2010 12:03 pm

denizaksulu wrote:
vaughanwilliams wrote:
Malapapa wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.




And I'm pleased that you haven't put TRNC in inverted commas.
Bowing to the inevitable?


:lol: :lol: :lol:

Changing times huh!!!


Yavash, Yavash. :D
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Postby YFred » Wed Apr 28, 2010 2:12 pm

vaughanwilliams wrote:
denizaksulu wrote:
vaughanwilliams wrote:
Malapapa wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.




And I'm pleased that you haven't put TRNC in inverted commas.
Bowing to the inevitable?


:lol: :lol: :lol:

Changing times huh!!!


Yavash, Yavash. :D

Said in a tru TC fashion :lol: :lol:
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Postby Malapapa » Wed Apr 28, 2010 5:44 pm

vaughanwilliams wrote:
Malapapa wrote:
Gasman wrote:Thanks for that interesting article. I said earlier to Mala that it would seem inappropriate for the RoC to be professing to want a solution and for the island to be 'reunified' in any meaningful way, whilst at the same time working overtime to 'punish' the TCs they are professing to want to live together with.


I'm pleased you put 'punish' in inverted commas. Would that you'd showed the same awareness in relation to the TRNC.

It is indeed entirely misleading to suggest that a concerned citizen's legitimate pursuit of an unscrupulous financial institution which is operating illegitimately, equates somehow to wanting to punish innocent citizens.

In my view, the RoC ought to be prepared for a time - and we all hope that time doesn't come - when reunification talks collapse. In my own small way, I am preparing them.




And I'm pleased that you haven't put TRNC in inverted commas.
Bowing to the inevitable?


I see your carpetbagger thinking is as wishful as it is devious.
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Postby Malapapa » Thu Apr 29, 2010 8:56 am

Latest letter to the UK FSA...

Dear [FSA legal representative]

HSBC and the 'TRNC'

Further to your letter dated 10 March 2010, requesting particular examples which support my concerns regarding HSBC failing to respect the legal regime in the Republic of Cyprus, here is a link to a website set up by Aga Buyers Action Group (ABAG):

http://latchfords.spaces.live.com/defau ... =791402290

ABAG is a group of Britons who have fallen foul of fraudulent property schemes in the 'TRNC'. ABAG state that HSBC, amongst other businesses, have enjoyed commercial gain from their loss. The statement below appears in a post dated 18 February 2010:

"They are actively enjoying commercial gain from this act. For example, REMAX Estate Agents, but to name a few, the HSBC bank and other banks to which we paid our monies located in the U.S. & the U.K. aid, assist and benefit from the fraudulent property schemes of the pseudo state TRNC which seeks to harm and interfere (nicked our monies !) ."

The post describes the class action ABAG, together with a number of other British victims of financial crime in the 'TRNC', is taking in the US courts against Turkey under the Racketeer Influenced and Corrupt Organisations Act (RICO). It gives a disturbing insight into the level of corruption in the 'TRNC', with which HSBC, in operating there, is almost certainly involved. You may also find details of the ABAG US lawsuit of interest:

http://latchfords.spaces.live.com/blog/ ... 2275.entry

The entire economy of the 'TRNC' is founded on stolen assets. Quite apart from HSBC's inevitable direct involvement in financial crime, as a leading UK-based global bank, its very presence in the 'TRNC' lends a misleading veneer of respectability to a fundamentally criminal market where many Britons have been unscrupulously defrauded of their life savings.

I trust I have provided sufficient information for you to initiate an investigation into HSBC's activities in the 'TRNC' under the FSA's consolidated supervision. By not taking action the FSA will be willfully turning a blind eye to financial crime, a clear breach of the FSA's fifth statutory objective.

Further, given the UK's clear obligations, under the Treaty of Guarantee relating to Cyprus, to prohibit all activity having the object of promoting directly or indirectly the partition of the island, the FSA, as a governmental agency, has a clear duty to prevent HSBC from flouting the laws, regulatory regime and legitimate interests of the Republic of Cyprus by operating under the ambit of the illegal and breakaway 'TRNC'.

I am taking the liberty of copying this email to my MP, who has taken a keen interest in this matter on my behalf, as well as other concerned UK citizens in the constituency; all victims of crimes – financial or otherwise – that continue to be perpetrated in the northern part of Cyprus.

Yours sincerely

Malapapa
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