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Do i qualify as “non-sophisticated” for an Interst Rate Swap Claim?
The Financial Conduct Authority (FCA), previously the Financial Services Authority (FSA) has created a set of questions and answers to determine whether a customer who was sold an interest rate swap product qualifies as “non-sophisticated” and therefore eligible to make an interest rate swap claim. Please Note: If you feel that you fall within some
Read MoreMis-sold interest rate swap flowchart – FCA yes/no question and answer for IRSA
Derivatives may be one of the most complicated financial investments on the market. The Financial Conduct Authority (FCA) has created a chart to help consumers, barristers and bureaucrats understand whether a potentially mis-sold Interest Rate swap Hedging Product (IRHP) can be reviewed. The Financial Conduct Authority (FCA) Interest Rate Flow Chart uses a flow diagram with
Read MoreMis-sold Interest Rate Swaps to Small Businesses
As the global economy remains weak, there is more litigation over mis-sold interest rate swaps to small businesses. When a company starts to have financial problems, it might consider lawsuits to get back money from investments gone bad. It might be a desperate gamble but it is becoming more commonplace. Mis-sold interest rate swaps (IRSA)
Read MoreFCA Involved in RBS Interest Rate Swap Mis-selling Case
The new Financial Conduct Authority (FCA) has taken on an important test case concerning the mis-selling of Royal Bank of Scotland (RBS) interest rate swaps. A court has already sided with RBS. Now, the case has been moved to the Court of Appeals. With record low consumer confidence in banks, it is very important to
Read MoreBarclays interest rate swap trial is delayed on appeal
The biggest test case against Barclays for allegedly manipulating the Libor rates has been suspended until April 2014. The plaintiff in the trial, Guardian Care Homes (GCH), called it a last gasp and desperate move by Barclays to avoid justice. The matter will now move into the Court of Appeal this summer where Barclays will
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