Petition Commission a public inquiry into HSBC/HFC consumer charges

Between the years 2003 and 2010 HSBC and its subsidiary HFC Bank were adding charges to customer accounts in default. This conduct was ruled against by the Office of Fair Trading and by the Solicitors Regulation Authority, but no compensation has been paid.

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The matter has not been investigated by the FCA, the MoJ and others. There must be a full public inquiry and redress for the consumers affected.
Martin Wheatley of the FCA admitted to the Treasury Select Committee that the FCA copied and pasted text received from HSBC in response to a Freedom of Information Act request. He has also stated that the FCA will not be taking further action in the matter, although the FCA has powers to do so.
All evidence is here http://nicholaswilson.com

This petition is closed This petition ran for 6 months

175 signatures

Progress of the petition towards its next target: 175 of 10,000 signatures required to get a government response

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10,000 signatures required to get a government response

Date closed 4 February 2016
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