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Please can we refrain from name calling the FCA as I don’t see what good can come of it. I respect people’s opinions but let’s keep it professional.
Officially I believe it’s bybrook
Try BBC1 there’s news everyday
I couldn’t see the 1st one being rejected either but it did. We will be updated soon enough
The ICC from my understanding had 5 choices of what the new SOA could consist of. We don’t know what choice Amigo put forward. They may still be negotiating for best of the best of the choices or the least I just don’t know what’s going on behind closed doors. We can only anticipate they are navigating the FCA and Judge recommendations as best they can. The relending may be what causing the delay
I can only dream you are 100% correct but on the basis the 1st SOA failed I would imagine this time around nothing should be taken for granted
It will take as long as it needs to. There’s no evidence yet that the FCA are to blame for no update. I take it as a good sign things are not being rushed. It really is the last throw of the dice. Make it count
https://twitter.com/Citywire/status/1448944990625861664 What’s happening at the FCA?
Forgetting about the VREQ which limits Amigo transferring assets from outside of the business
It may seem the FCA are playing games but they have a duty to be seen to protect consumers from harm. This has been emphasised a number of times. The outcome has to be perceived as the best possible outcome from the FCA. The difficult part is the relending which will be covered in the business plan. If Amigo require a SOA to underline complaints then it must put forward a very strong case to assure the FCA the troubles of the past will not be repeated and also that it’s business model is robust enough to withstand any future financial difficulty.
Yes. We will most likely have an update reasonably soon but the problem will still take time to fix
This is not going to be a quick easy fix as per the previous SOA result suggested. Give time for Gary, the FCA and the ICC to negotiate between them an amicable outcome for creditors and an acceptable path toward lending. Patience should be on the menu here for all days ending in y. For all the LTH with investment here stay strong and keep your ears to the ground I have confidence we will hear something soon.
Patience required. It’s only been 5 days since the letter was submitted. I would imagine at the very least another 5 days before FCA reply
Depends how busy they are.
Chillax everyone. Couple of weeks away from the beginning of a transformational recovery. GL ALTH
Too many snowflakes here that start **** then b!tch about comments when its fired back at them. I'm defending an attack on a highly valued investor who has shared research and been here as long as many others by some scumbag who I've never heard of before. I buy more on top ups than he probably owns so STFU anyone who thinks they can attack a fellow investor who is prepared to share their findings here. Be greatful they even consider sharing at all.
The best of you really did roll down your mother's leg Schalfen.
Apple never drops too far from the tree Schalfen
Schalfen what's troubling is how stupid you are. Can you explain when exactly did what you claim take place? If you read what was said slowly enough for you to digest it, then if you would like it explained further you may require further education and lots of it. Whatever course you decide upon i suggest you keep the receipt just in case.
I apologise gingerT for my disruptive behaviour