Last Fridays suspension of Barclays Bank PLC shares has raised a lot of questions.Most importantly, why is the UK Financial Framework and those operating within it so insecure.

It has to be because of the current rules under which firms operate, as that is the current regulatory framework. Financial Services Businesses within the UK adhere to rules and guidelines set out by the regulatory authority, the FSA. And one of the most prioritised responsibilities of any senior person linked to the FSA is risk, and I am sure that the majority of Directors take their duties with regard to risk extremely seriously, and take out all the respective insurances as is deemed prudent.

We do however seem to have a gaping black hole in the UK. The current framework is not sufficiently robust, for example, the run on Barclays Shares, which led to their suspension on Friday 10th November, could well have been started by a twenty something hedge fund trader. The trader can play his own financial game, using one of the largest banks in the world as a pawn in his overall strategy.

Now Trumpo is wholeheartedly supportive of free trade and entrepreneurial vigour, but the UK regulator doesn’t appear to be able to keep up with the rapid pace of the changing financial world and some of the methods or financial instruments that world financial market players use to their advantage.

Maybe the UK is now being targeted as it’s deemed as lightly regulated and open to abuse, it certainly looks that way at the moment.

I just hope for all our sakes that we don’t get a run on another UK bank.

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