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.