Interest Rate Swaps Mis-selling: FCA Publishes IRHP Review Statistics
The FCA have today published an update on the banks’ reviews of the sale of interest rate hedging products (“IRHPs”). Despite attempts by the FCA to say that…
The FCA have today published an update on the banks’ reviews of the sale of interest rate hedging products (“IRHPs”). Despite attempts by the FCA to say that…
The Serious Fraud Office (SFO) has brought the first set of charges under the Bribery Act 2010 against a UK company allegedly involved in a £23 million bio-fuel investment fraud.…
In a hearing that, after months of anticipation and an intervention by the FCA, proved in the end to something of a damp squib, the appeal in Green…
Swaps Mis-selling case, Green and Rowley v RBS, is today being heard in the Court of Appeal. The appeal from the Queen’s Bench Division (Commercial) is being heard…
We advise many businesses who have been mis-sold over the counter derivatives by banks such as RBS, Barclays, Lloyds, HSBC, Clydesdale and many others. We entirely understand the…
We outline the dangers to small business customers of recorded interviews in what is commonly known as the “FCA/FSA Review” of sales of derivatives (eg interest rate swaps…
The Parliamentary Commission on Banking Standards today publishes its Final Report – ‘Changing banking for good’. It outlines the radical reform required to improve standards across the banking…
The Financial Ombudsman Service (FOS) was set up under the Financial Services and Markets Act 2000 to resolve individual disputes between consumers and financial businesses. It has just published its…
In a recent unanimous judgment of the Court of Appeal in the case of RBS v Highland Financial Partners [2013] EWCA Civ 328, it was held that RBS…
The Times Newspaper has been given inside information from a number of reputable sources that banks are striking secret settlement deals with small businesses over the mis-selling of interest…