This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to Create effective regulation, redress, compensation and punishment of the banking industries. More details
Submitted by Elaine Williams of SAFE (Struggle Against Financial Exploitation – Deadline to sign up by: 07 July 2009 – Signatures: 73
Struggle Against Financial Exploitation, (SAFE), PETITION the government to establish an independently funded financial regulator, that is both transparent and effective.
This regulator requires the power of redress and ability for appropriate punishment for perpetrators of financial crimes and to provide funds to compensate the casualties of these abuses, rather than pay the perpetrators, namely the insolvent financial institutions.
This redress would encourage SME’S/Owner managers to restart businesses so
minimising damage to the economy and encouraging employment.
We invite the Prime Minister to work with SAFE Secretariat to the All Party Parliamentary Group Against Financial Exploitation, to implement this petition.
Elaine Williams, the Petition Creator, joined by: