well having spoken to FSA and also to my bank they dont mind bitcoin. but as soon as i mentioned that half my funds may go to out of country banks, they started to sound less then pleased.
Thank you for your insight franky, you've clearly gone through some of the hoops already. So if the UK infrastructure is putting up barriers because they are hyper sensitive, why not just tx to a bank on the Euro mainland where there's a more progressive climate and go from there? I suppose you'd have to have a reason for that account but if you're in a business, it shouldn't be too difficult to set up a branch office structure.