Forum Chambers retweeted
Would you like to host a PNLA conference to promote your practice?
Thank you to our Conference Hosts
David Halpern QC @4NewSquare
@DHMcIlroy @ForumChambers
@LarryFenelon @LemanSolicitors
@karencornwell18 @Thorntons_Law
& Tim Edward @mbmcommercial
Email edward.aczel@pnla.org.uk
Forum Chambers retweeted
Regulators have probably relied too much on disclosure as a guard against consumers taking risks they dont fully understand & (related) have been too wedded to the idea that retail consumers should have ready access to products that are complex & high risk linkedin.com/pulse/covid-19-…
Forum Chambers retweeted
BBC News - Denying coronavirus loans 'completely unacceptable' banks told bbc.co.uk/news/business-5212…
Forum Chambers retweeted
It's not often I say this, but well done @RBS and @NatWestBusiness . They have just confirmed to me they will not be asking for personal guarantees in support of emergency coronavirus loans. Over to you @Barclays
Forum Chambers retweeted
“If the climate was a bank, we’d have bailed it out by now.” The best line of the night @APPGbanking
Forum Chambers retweeted
Replying to @MickMcAteer
I have seen exploitation of captive vulnerable borrowers both by unregulated entities / vulture funds and by fully regulated lenders which are part of larger banking groups.
Forum Chambers retweeted
A reminder that selling a consumer an annuity 10% off the market best is like taking the last 6 years of their hard earned pension contributions out into the street and burning them fca.org.uk/publication/final…
Forum Chambers retweeted
Philip Currie, Barrister @ForumChambers speaking at our Property Litigation Conference today on Landlords, Tenants and Insolvency: Lessons from the High Street
Forum Chambers retweeted
Who better than @kevinhollinrake?
When will the new Chair of the Treasury Committee be elected?
As Nicky Morgan has joined the Government, the Speaker said he hopes the election, which will be voted on by all MPs, will be held "in the second week of the September sitting".
More info ➡️ bit.ly/2K5PyUE
Forum Chambers retweeted
The FCA and its labyrinthine rulebook need a serious shake-up - on.ft.com/30MBAO9 via @FT @Grepsul Also includes the many problems of the IRHP Review which after ignoring 7yrs of complaints about they NOW want to review 'lessons learned' !
Forum Chambers retweeted
Charles Randell, FCA Chairman says that it is “Almost impossible to explain the [FCA’s Regulatory] Perimeter”
Forum Chambers retweeted
Financial Conduct Authority failed to take on toxic funds
dailymail.co.uk/money/market…
Forum Chambers retweeted
UK still the best place for laundering!
theguardian.com/world/2019/j…
Forum Chambers retweeted
Corporate debt could be the next sub-prime crisis, warns banking body
theguardian.com/business/201…
Forum Chambers retweeted
✊🏿👊🏿 @stormzy using his headline spot at #glastonburyfestival2019 to speak out about the injustice of young black kids being criminalised in a biased and disproportionate justice system. Humbled and inspired that he sampled my speech. Salute #Merky
Forum Chambers retweeted
The FCA must stop making excuses and act to avoid another GRG scandal - CityAM
cityam.com/the-fca-must-stop…
Forum Chambers retweeted
Concerns mount over reckless 2008-style lending in the $52 trillion shadow banking sector
telegraph.co.uk/business/201…
Forum Chambers retweeted
Big Question is why is the FCA taking no action against the senior Lloyds and HBOS managers behind the coverup, given their actions caused "substantial prejudice to the interests of justice"
thisismoney.co.uk/money/news…
Forum Chambers retweeted
The City watchdog has been handed an October deadline to respond to investors who lost thousands of pounds after following information on its own register, which later turned out to be incorrect.... telegraph.co.uk/investing/ne…
Forum Chambers retweeted
Precisely - without considering the impact of swap contingent liability the GRG scheme like the IRHP review is flawed and will not deliver full redress to British SMEs in GRG due to credit assessment following mid-sold swaps. It stinks and @thefca should have seen & sorted this
Replying to @Coverup10465125 @TheFCA
Circa 5k of the 16k GRG victims ended up in that arm because of undisclosed credit lines breaching their loan covenants. When the Bank was selling 7% fixes and expecting rates to go down to 3%, how was it not fore-seeable that the SME would suffer huge losses and be distressed?
















