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swaps

Regulation

FCA considers raising FOS redress limit above £150k for SMEs

The Financial Conduct Authority (FCA) is considering raising the redress limit available to small business complainants from the Financial Ombudsman Service (FOS) above its current limit of £150,000.

clock 27 November 2015 •

Regulation

Banks pay £482m interest swap redress; hundreds of customers yet to opt-in

Banks have paid out a total of £482m in redress to those they have missold interest rate hedging products, figures from the Financial Conduct Authority (FCA) show.

clock 05 March 2014 •

Regulation

FCA: Interest rate swap redress payouts top £300m

The interest swap mis-selling redress scheme has now paid out more than £306m to affected small businesses.

clock 04 February 2014 •

Regulation

FCA urges small firms to apply for rate-swap scandal compensation

The Financial Conduct Authority (FCA) is urging thousands of small firms affected by the interest rate swaps mis-selling scandal to hurry up with their compensation claims or risk missing out on money due to them.

clock 13 January 2014 •

Your profession

Quick quiz of the week's news #6

QUICK QUIZ

clock 02 August 2013 •

Investment

Terry Smith warned ISDA of rate manipulation in 2010 - reports

Tullett Prebon's chief executive Terry Smith wrote a letter to the International Swaps and Derivatives Association (ISDA) back in 2010 to question the rate setting process, but was ignored, the Telegraph reports.

clock 11 April 2013 •

Investment

Treasury backs tougher stance on swap mis-selling

Businesses affected by the interest rate swap mis-selling scandal should have their payments suspended, according to a senior Treasury minister.

clock 18 February 2013 •

Your profession

This week's news… condensed

CONDENSED

clock 29 June 2012 •

ETFs

Call for complex ETFs to be 'clearly labelled'

Regulators and ETP providers should more clearly differentiate between traditional ETFs and those using complex strategies that "add unexpected risk", according to Evercore Pan-Asset (EPA).

clock 16 May 2011 •

ETFs

Investors still wary on synthetic ETFs

Three-quarters of investors prefer to use physical ETFs and only 8% would use swap-based funds as their first choice, according to Morningstar.

clock 31 March 2011 •
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