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This is just disgraceful pandering to the ABS firms that wilfully do as they like!

Had an experience with a multi-billion £ ABS a few years ago, committing a Conflict of Interest. SRA refused to investigate even though the office of legal complaints had made the finding. Even then they were fined a substantial £100.

The firm is now being investigated for shareholder fraud and business practice!

Talk about backing the criminals!

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