sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,426
Likes: 1,211
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Post by sqh on Mar 27, 2024 16:44:16 GMT
Had a reply to the letter from my MP saying:- "Thank you for your recent email regarding the Financial Conduct Authority and the P2P industry. I have contacted HM Treasury on your behalf to raise your concerns and will send you a copy of their response as soon as I receive it. Thank you for taking the time to contact me. Kind regards". That will be the last I will hear about it. Thank you for the update. HM Treasury will probably respond with a standard response in the name of Bim Afolami. What I would really like to achieve as a result of this process is to identify one or more MPs who are prepared to champion our case rather than just play postman. brianlom1I think it would be better to get a member of the House of Lords to champion the cause, the MPs are too busy. Lord Myners took an interest in Collateral and obtained a letter from Andrew Bailey admitting that the FCA failed to secure the FCA Register. Unfortunately, he passed in Jan 2022.
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