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Reuters special report on FCA swap mis-selling scheme

Matt Scuffham and others from Reuters have produced a special report into SMEs excluded from the FCA IRHP redress scheme, for mis-sold derivatives.

Abhishek Sachdev (FCA Authorised) is interviewed about the problem of allowing the Bank to determine sophistication.

Mr Sachdev is also quoted as saying ‘There are very significant ‘get out’ clauses and banks are prepared to go to incredible lengths to manipulate it’

The full PDF article can be found hereĀ Reuters Special Report

the link to the article is hereĀ http://uk.reuters.com/article/2014/11/25/uk-britain-banks-sophistication-specialr-idUKKCN0J90YN20141125

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.