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

Banks must allow ex-pats access to onshore accounts, say MPs

The Treasury Committee has demanded the regulator and banks explain why ex-pats cannot open onshore accounts.

Ex-pats have been forced to deposit money offshore and lost the protection of the Financial Services Compensation Scheme when there was no legal reason for banks to block applications, MPs said in a report on the Icelandic banking crisis.  04-Apr-09.

http://www.citywire.co.uk/adviser/-/news/regulation-training-and-competence/content.aspx?ID=335554