Category: IRHP Reviews

Barclays’ attempt to strike-out swaps mis-selling claim (on limitation defence) dismissed by High Court

The High Court (Queen’s Bench Division) has recently dismissed an attempt by Barclays Bank to strike-out an interest rate hedging product (IRHP) mis-selling claim for being issued more…

The Times: Banks’ secretly settling swaps mis-selling cases

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…

What is Sophistication in the FSA Swaps Mis-selling Scheme?

The Financial Services Authority’s announcement on the swaps mis-selling pilot reviews (31 January 2013) brought in a refinement of the 29 June 2012 announced test of sophistication. That test…

FSA Findings on Banks’ Pilot Swaps Mis-selling Review

The FSA has today published a long-awaited press release setting out the findings of their ‘pilot scheme’ in relation to the mis-selling of complex interest rate derivatives to…

LEXLAW featured on BBC Radio 4’s The Report: Interest Rate Swaps Mis-selling

LEXLAW Principal, M Ali Akram, was interviewed by BBC Radio 4′s “The Report” alongside our client, a firm of family butchers, who are bank mis-selling victims. The programme discusses…