Quote:
Originally Posted by ianch99
The irony is that that Coutts, being a private company, does take whatever clients it likes  |
Actually the banking regulations give a fairly broad range of reasons they can’t use when deciding what clients they like (ironically, they are EU-wide reg’s that were written wholesale into UK law during Brexit). The question continues to be whether in reality they used permissible or non-permissible reasons. Farage’s subject access request revealed a pile of discussion which can be taken to mean they had non-permissible reasons for wanting rid of him and only then went looking for legitimate ones to use as cover. Their ongoing problem is that while they do have legitimate commercial rules about who they do business with, those rules are not rigidly enforced by any stretch of the imagination, especially on those who have been long-term customers and may simply not be as rich as they once were. That makes it all the harder for them to plausibly claim they’re leaning on legitimate reasons.