Rate swaps claims UK

Interest rate swap mis-selling redress costs set to swell

by PaulReflect May 27, 2013 Law

The Financial Conduct Authority is investigating interest rate swap mis-selling after taking over from the Financial Services Authority. Although the main banks responsible for mis selling the swaps have already set aside funds for redress, it’s estimated that the eventual costs will eclipse those already reserved for compensation. The scandal has become so controversial that […]

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