Rejected petition Investigate all individual claims of bad bank behaviour & compensate the victims

The FCA doesn't investigate individual claims against banks, the Financial Ombudsman is incredibly restricted, legal aid was basically withdrawn and court costs on large claims were jolted up to £50,000 making it impossible for victims of the banks from getting justice or compensation.

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There are many groups such as SME Alliance who's members have had their lives destroyed by failing banks trying to repair their balance sheets by either engineering defaults & subsequently asset stripping family businesses or charging exorbitant fees and charges. Beyond this, banks then used scorched earth litigation tactics to cause extensive delays and to run up impossible costs. These actions are beyond any doubt inequitable, unlawful and life changing to the victims.

This petition was rejected

Why was this petition rejected?

It’s not clear what the petition is asking the UK Government or Parliament to do.

We only reject petitions that don’t meet the petition standards.

Date submitted 16 February 2017
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