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    Inappropriate behaviour has yet to be proven of course, these are just allegations.

    That said there is certainly some questionable treatment by the banks in how they deal with small businesses that seem to me to breach the FSA (now FCA) Treating Customers Fairly requirements. The levels of security they are looking for from small business is way above what I would consider appropriate, they want their cake not only to eat but have a second plateful as well. I am only grateful that I am not involved in capital raising for businesses either my own or clients.

    What we are seeing here is yet another failure of regulation by the FSA in ensuring suitable enforcement. When I think of the hoops small IFA firms have to go through compared to the banks it does make me angry.

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