info.LandsbankiAction.org.gg   12-Jan-2012: Liquidators' 2nd Interim Report.  www.deloitte.com/uk/landsbankiguernsey

Adviser anger over Ailo claim about Iceland accounts

Financial planners have reacted angrily to Association of International Life Offices’ claims that they were ‘blind’ to the risk of offshore bonds linked to Icelandic bank accounts. . . . .

. . . . ‘We haven’t the resources to do due diligence on banks,’ said Patel, who has two clients with almost £400,000 in Kaupthing Singer & Friedlander Isle of Man through offshore bonds. 05-Nov-08.

http://www.citywire.co.uk/adviser/-/news/adviser-news/content.aspx?ID=319781