Guide to the FSA redress scheme for interest rate hedging products: key questions answered
Key questions under discussion in this white paper regarding the redress scheme announced by the FSA in relation to interest rate hedging products include:
- which banks are subject to the scheme
- which interest rate hedging products (IHRPs) are within scope of the scheme
- who can claim redress
- how will the review process work
- what does redress look like.
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