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HSBC and the UK Financial Services Authority

How can we solve it? (keep it civilized)

Postby Viewpoint » Sun Feb 14, 2010 8:08 pm

Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Malapapa why dont you get your legal team to sort things out and see if you can stop them from trading in the TRNC. There are plenty more other banks and companies you can go after, lets see how things develop, if anything at all.
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Postby Malapapa » Sun Feb 14, 2010 8:36 pm

Viewpoint wrote:Malapapa why dont you get your legal team to sort things out and see if you can stop them from trading in the TRNC. There are plenty more other banks and companies you can go after, lets see how things develop, if anything at all.


We'll do what we can, thanks.
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Postby vaughanwilliams » Mon Feb 15, 2010 9:14 am

Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Well that is their website address (gov.uk), but from their home page:
"The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000."
It's a qango old lad.
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Postby DT. » Mon Feb 15, 2010 9:28 am

vaughanwilliams wrote:
Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Well that is their website address (gov.uk), but from their home page:
"The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000."
It's a qango old lad.


it reports directly to Treasury ministers and the paliament :roll:
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Postby vaughanwilliams » Mon Feb 15, 2010 9:36 am

DT. wrote:
vaughanwilliams wrote:
Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Well that is their website address (gov.uk), but from their home page:
"The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000."
It's a qango old lad.


it reports directly to Treasury ministers and the paliament :roll:


I don't doubt that it does, but Malaprops letter included the statement:
"In short the FSA, an agency of the UK government...", which it isn't.
It is a qango (Quasi-autonomous non-governmental organisation).
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Postby DT. » Mon Feb 15, 2010 10:08 am

vaughanwilliams wrote:
DT. wrote:
vaughanwilliams wrote:
Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Well that is their website address (gov.uk), but from their home page:
"The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000."
It's a qango old lad.


it reports directly to Treasury ministers and the paliament :roll:


I don't doubt that it does, but Malaprops letter included the statement:
"In short the FSA, an agency of the UK government...", which it isn't.
It is a qango (Quasi-autonomous non-governmental organisation).


In my book if your chairman and your board is placed there by the govt, then you belong to the govt.
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Postby Gasman » Mon Feb 15, 2010 10:11 am

The FSA's aim is to promote efficient, orderly and fair financial markets and help retail financial service consumers get a fair deal.

The FSA was set up by government. The government is responsible for the overall scope of the FSA’s regulatory activities and for its powers.

The FSA regulates most financial services markets, exchanges and firms. It sets the standards that they must meet and can take action against firms if they fail to meet the required standards.
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Postby Malapapa » Mon Feb 15, 2010 11:13 am

vaughan, this needless and futile nit-picking is unbecoming. You ought to admit you jumped the gun and got it wrong; like when you were hoodwinked by outlaws into trespassing on a displaced person's property, for a fee.
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Postby vaughanwilliams » Mon Feb 15, 2010 11:27 am

DT. wrote:
vaughanwilliams wrote:
DT. wrote:
vaughanwilliams wrote:
Malapapa wrote:
vaughanwilliams wrote:"In short the FSA, an agency of the UK government..."
Far be it from me to save you from making a fool of yourself (again), but if you want to be taken seriously you should know that that's just plain wrong.
http://en.wikipedia.org/wiki/Financial_ ... _Authority


Really? Well I went to the FSA's own website.

http://www.fsa.gov.uk/

I'll repeat....

http://www.fsa.gov.uk/

So who's the fool? (again)...

Now, go and play with your soldier-boys and leave the real men alone to battle for their country.


Well that is their website address (gov.uk), but from their home page:
"The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000."
It's a qango old lad.


it reports directly to Treasury ministers and the paliament :roll:


I don't doubt that it does, but Malaprops letter included the statement:
"In short the FSA, an agency of the UK government...", which it isn't.
It is a qango (Quasi-autonomous non-governmental organisation).


In my book if your chairman and your board is placed there by the govt, then you belong to the govt.


The senior appointments may be politically motivated, but that's what "Quasi-autonomous" means. You may report to the government, but you are self-governing.
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Postby Gasman » Mon Feb 15, 2010 11:33 am

However you interpret it, seems clear to me from the bit I quoted above that it is not true to say it is nothing to do with the government.
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