The Blackmore Bond scandal has become a very high profile public interest issue since the hard-hitting BBC Panorama documentary about it was broadcast in August. The YouTube version of that documentary can be watched here, note the number of times it has been viewed.

The purpose of this event is to highlight what has happened since the programme was broadcast and in particular the false and/or misleading narratives that the FCA has been peddling to all kinds of stakeholders including senior HM Treasury officials and dozens of Parliamentarians. The FCA’s peddling of these narratives has become a major public interest issue, and quite rightly so.

Last week there was widespread media coverage of the admission by FCA CEO Nikhil Rathi, in a letter to the Treasury Select Committee, of the critical “Human Error” by the FCA in 2017 when it failed to share ”smoking gun” intelligence with the City of London Policy. An admission omitted by the FCA when claiming they “shared information with City of London Police” in the Panorama broadcast and since, and when seeking to refute allegations that they did nothing in response to significant intelligence they received in March 2017. This omission was revealed to MP’s by Paul Carlier, and essentially forced Mr Rathi to formally make the admission. However, this represents one of many such narratives that Paul is able to expose, and will do so at this event.

How can there be trust and confidence in the financial services sector if there is good reason to doubt the fundamental integrity of the regulatory framework that is supposed to be governing it?

Through Paul Carlier, the event’s keynote speaker, TTF is uniquely placed to do yet another “Sunlight is the best disinfectant” job on this issue, and we won’t be holding back.  

Amongst other avenues of enquiry we’ll be considering whether there is reason to believe one or more of the Seven Principles of Public Life have been broken. The Seven Principles of Public Life are:

1. Selflessness
2. Integrity
3. Objectivity
4. Accountability
5. Openness
6. Honesty
7. Leadership

…and if you’d like to know more about them, see here.

This is a not-to-be missed event for:

• Victims of any investment scam, particularly Blackmore Bond victims
• The case-study participants in “Faces of Financial Crime”  
• Journalists covering scams and regulatory failure
• Parliamentarians, particularly members of
  • The Treasury Select Committee
  • The Industry and Regulations Committee
  • The APPG on Personal Banking and Fairer Financial Services
  • The APPG on Investment Fraud
• All kinds of legal professionals