More HSBC dirty tricks?

In April 2014 the Financial Conduct Authority took over from the now defunct Office of Fair Trading in the regulation of Consumer Credit matters. Unlike the OFT it also acquired new powers to order redress for wrongdoing. However, in late 2013 HSBC surrendered HFC’s credit licence, so they are no longer authorised, and therefore regulated, by the FCA:

Screen Shot 2017-04-10 at 11.52.31On 3 January 2017 I sent this email to the Financial Conduct Authority and the Solicitors Regulation Authority:

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On 13 January 2017 HFC Bank filed notice of voluntary liquidation at Companies House:




And on 20 January 2017 the FCA issued a press release announcing a £4m redress scheme (out of an estimated £80-100m redress due):