Hello
Welcome to the RABF
newsletter.
The year has gone well
for the campaign for robust regulation of asset based finance
industry.
The highlight so far
was the Treasury Select committee where the Chairman of ABFA was made to feel
very uncomfortable – rightly so. How can you defend the indefinable? If you
wish to view the hearing I would suggest you start viewing after 11:00, it gets
very interesting after 11:30. I was very impressed with the knowledge of the
Members of Select committee. http://www.parliamentlive.tv/Main/Player.aspx?meetingId=15491
As a group we are
meeting a senior advisor to the Minister in charge of regulation of asset based
finance on Thursday – which is key to our ability to achieve
regulation.
We need case studies
urgently to give to the Minister and to the Treasury Select committee – please
can you contact me.
If you need an ear to
listen to or point you in the direction of help just either ring or email.
Remember all though it was not one of the objectives of this virtual group – it
has become an important part of what we do. This is always someone else who has
been damaged by these people who’s learnt.
Even with the new code
of conduct and ombudsman service from ABFA the behaviour of the bottom feeders
continues unabated.
If you feel that there
may be people who would like a copy of the newsletter please do not hesitate to
either pass on the newsletter or get them to contact
RABF.
I will make this a
monthly newsletter, being produced the end of every
month.
Any feedback on what
you would like to see in this moving forward would really be
appreciated.
On a personnel note
funding the campaign is tough on my wage – but this is a labour of love and
every time we help someone or move to the next step it is a marvellous
feeling.
I would also like to
thank the small group who support me on a weekly basis – over the last few years
there are so many people who have helped.
If you do not want to
receive the newsletter please do not hesitate to email me back and I will take
you off the mailing list.
Best
wishes
Brian
Moore
For and behalf
of
The Campaign for the
Regulation of the Asset Based Finance Industry
07825050704
www.rabf.org.uk
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