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We, the undersigned, believe your Government approved a manifestly unfair extradition treaty with the United States. It was done with good intentions – to help fight against terrorism – but the outcome has been highly damaging to our national interest.

Dear Robert,

I am writing to you in relation to the current controversy surrounding the UK Government’s policy on extradition and the letter to the Home Secretary you signed in the Daily Telegraph on Wednesday.

UK managers face an increasing risk of extradition for US prosecution if facing charges of crimes affecting US investors, according to Robert Kelly, MD of insurance broker Baronsmead.

UK managers face an increasing risk of extradition for US prosecution if facing charges of crimes affecting US investors, according to Robert Kelly, MD of insurance broker Baronsmead.

The extradition of a London-based hedge fund manager to the United States under the UK's controversial "one-way treaty" with the US is inevitable, according to experts. Robert Kelly, from hedge fund insurer Baronsmead, warned that managers who are heavily involved with US markets were at greatest risk. Mr Kelly said: "These managers have US investors, operate under US regulators and trade in US markets. They couldn't be more at risk unless they moved there."

Hedge fund compliance officers face the possibility of extradition if their firms are suspected of fraudulent activity in the US, an industry expert has warned. Robert Kelly, managing director of Baronsmead, told Complinet that UK-based compliance officers could find themselves in a difficult position if their firm had US-based clients.