Posted on May 06, 2012 by | 0 Comments
article in the Scotsman today reporting that the FSA is at long last planning to investigate the issue of the mis-selling of swaps and other hedging products to small businesses – although the investigation at present is limited to the FSA asking the UK major clearing banks for further information in order to consider whether a more in-depth investigation. Progress? Time will tell but it seems a somewhat lukewarm response to the growing pressure on the FSA to take decisive action.