Swiss
Franc Loans Conference in Cyprus
The
conference was held in Cyprus on 2nd,
3rd & 4th December 2014, to address the problem
of misselling Swiss franc loans to consumers.
We have
been greatly encouraged by the action taken by the Hungarian to stand up to the
Banks, and we believe that the reforms passed by the Hungarian National
Assembly, particularly the new law of refunds, represent a model for the rest
of Europe to follow.
Dr
Katherine Alexander-Theodotou, who is a Solicitor of the Senior Courts of
England and Wales and
Advocate of the Supreme Court of Cyprus, has extensive experience
in litigating these missold foreign exchange loans,
both in the UK and in Cyprus. She believed that encouraging Governments to
follow the example of Hungary will lead to an expeditious and just outcome for
the victims of these schemes.
The
conference was attended by delegates from all across Europe, as well as
large numbers of Cypriots who were missold these
loans.