Posted on 07/19/2023 4:46:55 AM PDT by RandFan
'The idea that you should be unbanked because of your political views in a democratic system is outrageous and wrong.'
Grant Shapps MP says it's 'unacceptable' that banks are able to close people's accounts, after Coutts axed Nigel Farage because his values didn't 'align'.
(Excerpt) Read more at twitter.com ...
I dont think this is coming from the gov't it's just woke banks.
No, it’s not woke banks, it’s woke EU banking regulations regarding “politically exposed persons” (with EU bureaucrats getting to define who is one) and the extra reporting requirements for such.
https://www.eba.europa.eu/regulation-and-policy/single-rulebook/interactive-single-rulebook/101880
The rot runs deep.
The UK has a Deep State, too.
Jeremy Hunt was denied an account before he became head of the UK Treasury:
https://www.express.co.uk/news/politics/1789132/Jeremy-Hunt-bank-account-nigel-farage
It would be like Secretary of the Treasury Yellen having been denied a bank account had she been a congresswoman at the time.
Shapps? Is that the spiv known currently as Grant Shapps who was formerly known as Michael Green?
They keep pushing and pushing. When they hit resistance, they just rest and regroup.
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