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RT Andrew Neil
One of ironies of the Coutts/Farage stramash has been the Left resorting to the argument that Coutts is a private company and should be able to take whatever clients it likes. Talk about Farage derangement syndrome.
The second irony relates to why they are wrong, thanks, Mr… https://n.respublicae.eu/i/web/status/1682695728538308608
NitterAndrew Neil (@afneil)One of ironies of the Coutts/Farage stramash has been the Left resorting to the argument that Coutts is a private company and should be able to take whatever clients it likes. Talk about Farage derangement syndrome.
The second irony relates to why they are wrong, thanks, Mr Farage take note, to EU rules.
The Financial Conduct Authority, City watchdog for conduct of banks, points to relevant legislation which forbids discrimination: Regulation 18 of the Payment Accounts Regulations 2019 – one of the EU retained laws from 2015 – which states:
“A credit institution must not discriminate against consumers legally resident in the United Kingdom by reason of their nationality or place of residence or by reason of sex, race, colour, ethnic or social origin, genetic features, language, religion or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation when those consumers apply for or access a payment account.”
Which is why, despite the apology to NF, Alison Rose’s job is still on the line.