Re: British people: What is the FSA?
The FSA is an independent body that took over the Bank of England regulatory role with regard to Financial services in the UK. It is unclear if the FSA will deal with any non EU customer issues but even if they do in general you have to exhaust the company complaint process then appeal to an independent ombudsman.
In short the FSA regulation shows that they are a legit company or they would close them down and/or issue a warning to customners to avoid them if base abroad.
The difficulty is that the beef is with the DOJ not the FSA or even Neteller. Neteller have the money in trust, their reserves exceeed the $55m the DOJ seized but they are stuck right now because of the US legal system. Meanwhile the FSA will note that EU customers can still get their cash and that is the bit they regulate. I'm sure somebody is losing sleep in their Canary Wharf offices over this but the problem is the DOJ.
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