Victims of Asset Based Finance continue to be ignored by Authorities

Government and Financial Conduct Authority Responses to the Committee’s Twenty-Fourth Report: SME Finance


While welcoming the report RABF continues to see that the victims of greed of factoring being totally ignored 

https://publications.parliament.uk/pa/cm201719/cmselect/cmtreasy/1873/1873.pdf

UK watchdog tells asset managers to get in line on cost disclosure - What about Asset Based Finance!

LONDON (Reuters) - Britain’s markets watchdog will force asset managers to be more transparent about the costs they charge customers if the industry does not implement a voluntary scheme to improve transparency within a year.

The asset management industry came up with a voluntary “template” on costs and fees for large customers like pension schemes following a critical “value for money” review by the watchdog the Financial Conduct Authority.

“It’s a real test now for the industry if they take this up,” FCA Chief Executive Andrew Bailey told parliament’s pensions committee on Wednesday.

Andrew what about the Asset Based Finance Industry?

https://www.reuters.com/article/us-britain-pensions-regulator-idUSKCN1PV1QA

Australian banking inquiry: Misconduct 'driven by greed' - The greed continues in the UK at a sickening rate

RABF have been contacted by a number of individuals who have given solid examples of the abuse of clients by banks and asset based lenders, who are driven by greed.

 https://www.bbc.co.uk/news/world-australia-45674716