2005/60 money laundering and Insurance Intermediaries

Response to this request is long overdue. By law, under all circumstances, HM Treasury should have responded by now (details). You can complain by requesting an internal review.

Dear Sir or Madam,

Objective 15 2005/60 states

..the tightening of controls in the finance sector has prompted money launderers and terrorist financers to seek alternative methods of concealing the origin of the proceeds of crime ...the anti money laundering and anti terrorist financing obligations should cover LIFE INSURANCE INTERMEDIARIES...

Insurance intermediaries were set up by the "powers that be" (Eu Institutions, FSA / Treasury and global finance industry experts) in order to "wind up" the endowment sector. Many endowment policyholders and distant consumers' savings are TRAPPED in these non-competitive and highly restricted trading entities.

Endowment consumers' business was transferred by the industry / FSA / Treasury into these "finite" insurance intermediaries. Consumer assets were NOT transferred here. 90% of endowment policyholders assets were on company listing and or mergers transferred into the pockets of staff in the finance industry.

Could the Treasury provide ALL documents and evidence that it has in relation to the purported criminal activities of these life insurance intermediaries set up by "the powers that be"?

Similarly objective 34 2005/60 states

Persons who convert paper documents into electronic data.... do not fall within the scope of this directive, nor does any natural / legal person that provides... message or support systems for transmitting funds or with clearing and settlement systems.

The above would seem to suggest that those in the finance industry can NEVER be guilty of crime as they are merely dealing in paper and electronic transfers. However these "transfers" actually involve consumers savings / investments / rights.

Can the Treasury provide details of HOW consumers can bring staff in the finance industry to heel re any illegal "dealing"? (I myself have experienced a share dealer whine in court "we were merely handing a few bits of paper to our sister company". This "transfer' involved the fraudulent acquisition by staff in the finance industry of 69,000,000 free member entitlement shares that were "lost" to 60,000 UK policyholders resident in Canada!!!)

Could the Treasury provide details of what processes that are in place to ensure that the global finance industry does NOT exploit objective 34 2005/60 and thus "cream" consumers out of their rightful assets?

Yours faithfully,

Sheila Gibb

Enquiries, CEU,

Dear Ms Gibb,

Thank you for your Freedom of Information request. I write to confirm receipt of your request and to let you know that it is receiving attention. If you have any enquiries regarding your request do not hesitate to contact us.

Darren Creamer
Correspondence and Enquiry Unit

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Dear Enquiries, CEU,

I know the Treasury is struggling with the "weight of correspondence" that I have been sending through FOI requests.

However, the Treasury is among many of the organisations private and or public that WILL NOT RESPOND to DISTANCE CONSUMERS of the UK finance industry. (Apparently if you do NOT have a UK POSTCODE then this government will NOT RESPOND even if you HAVE LEGITIMATE WEALTH / PROPERTY IN THE UK. I therefore have SEVEN years of correspondence to catch up on whilst IN the UK.)

As a consequence I, a mere "distance consumer", radically affected by the money laundering directives and their "dubious implementation" seek ANSWERS to assist me to GET THE GOVERNMENT to STOP the MASSIVE EXPLOITATION of DISTANCE CONSUMERS of the UK FINANCE INDUSTRY. This is happening for a number of reasons but EXISTING DISTANCE CONSUMERS (as opposed to NEW distant consumers from October 2004) have NO CONSUMER PROTECTION and NO RIGHTS to employ / direct a lawyer from overseas to DEFEND THEIR LEGITIMATE WEALTH PROPERTY?

I would like an answer to the questions submitted. I do NOT believe that I should be "classified" a FINANCIAL CRIMINAL FUNDING TERRORISM because YOU the Treasury in collusion with the EU and finance industry transferred my business into a highly illegal entity called an INsurance Intermediary.

For the record I want my POOLED INVESTMENT FUND managed by a MUTUAL INVESTMENT FIRM and the 10-20% annual returns on my INVESTMENTS back. I do NOT want Life Insurance to which I did NOT contract and a pissy Minimum Cost Plan. To call me the criminal here is simply OUTRAGEOUS and DEFAMATORY.

To add insult to injury those STEALING member / consumer "rights" on the FORCED listing of mutual socities are deemed NON-CRIMINALS as they are "only dealing in electronic transfers or bits of paper". Such "transfers" INVOLVE the CONSUMERS' WEALTH!!!! It is only "fair" to ask WHERE are the processes to PREVENT the EXPLOITATION of members / consumers given this "law"?

Yours sincerely,

Sheila Gibb

HM Treasury

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