Parliament says:- "The state of Regulatory Compliance in the UK is so bad as to be farcical" - I paraphrase. The blame lies fairly and squarely with BEIS, ICAEW, FRC, FCA and the SRA.

Today's APPG report makes good reading for all the grubby fee-gouging accountants, solicitors and money-managers. Nothing will change - YET.

https://www.appgifffs.org/wp-content/uploads/2024/11/FINAL-Call-for-Evidence-Report-PUBLIC.pdf


Page 338/9 - Somebody else wants to get the "tickers" to do a regulatory compliance audit, but they all have conflicts because of the likes of Deloittes and KPMG (where the ICAEW is complicit in deliberate and criminal law breaking)


Comments

Post a Comment

Popular posts from this blog

The Emperor's new clothes... The City of London is yet again revealed in all its nakedness of corruption and fraud.

Anyone else going to confront Patrick Reeve, Chairman Albion Group LLP     and one of the masterminds and personal beneficiaries of the Quantexa fraud and swindle on "my company", Albion Enterprise VCT plc of which he is also Chairman, at the AGM on 3rd September 2024? Didn't anyone know I am a shareholder? Oh dear. Reeve is a Chartered Accountant - member of Institute of Chartered Accountants in England & Wales ("ICAEW") Will he resign before the AGM - probably. Do look at the records of Companies House post appointment of new Scottish Auditors and most is laid bare for all to see, so that anyone with half a brain can spot the total gross incompetence of Reeve and all the Albion Management that has been going on year after year, and the falsity of the declarations in the Confirmation Statements under penalty of Perjury.  s.30 Companies Act 2006 means all Directors have to resign and Albion have to go as being probably the most incompetent Company Secretary ...
Read more

[UPDATE WEDNESDAY 28 MAY] UPDATE THURSDAY 15 MAY] JGGI and HINT Merger - Shareholder Meetings Friday 9 May and Monday 12 May 2025

[UPDATE WEDNESDAY 18 MAY - prior updates retained] At this morning's 9.00am meeting the Chairman refused to let me speak or ask questions. Prior to the meeting I had submitted some questions in writing to which written answers were given to some but not all of the matters. I objected but the Chairman was adamant. The meeting, like the last one, was recorded by agreement. The subject matter of which, if any, of the Chair and another Director of The Association of Investment Companies has correctly applied s593(1)(c) of the Companies Act 2006 in relation to Independent Valuers Reports now moves to the High Court at a hearing on 15 October in CR-2025-000388.  [UPDATE THURSDAY 15 MAY - prior updates retained below] Following the 2 shareholder meetings on 9 and 12 May, a formal complaint has been made to the  Market Integrity Unit in the Primary Market Oversight department of the Financial Conduct Authority requesting that the application for Admission to Trading of the Scheme Shar...
Read more

The Foresight Saga begins.... and will be regularly updated here [last update 12 March 2025]

Image
For those who have been following the grubby Albion crimes and scams perpetrated by Patrick Reeve, Will Fraser-Allen and the gang in Benjamin Street, it will probably come as no surprise to find that "Foresight" is at the "Forefront" as one of most of the other VCT investment managers who don't know one end of the Companies Act compliance requirements from the other, and therefore I have become a shareholder in Foresight Group Holdings Ltd, a Guernsey company with its shares traded on LSE and with its 2 UK llps authorised by the FCA. It will come as no surprise to find that Albion's internal auditors, AZETS, are the "Independent Valuers" whose mandatory s593 report is missing from the documents when Foresight eventually late filed the Companies House return.  -------------------------------------------------------- [Update 3 March] Companies House confirms documents never supplied and asks for my help!   [Update 5 March] See graphic and comments be...
Read more