Financial Crime Financial Crime

UK financial watchdog couldn't justify U-turn that cut banks' mis-selling liability, lawmakers told

By Fiona Maxwell
  • 16 Mar 2022 17:26
  • 16 Mar 2022 17:26
The UK financial services regulator couldn't explain or justify suddenly cutting the number of investors who could access a controversial 2013 financial mis-selling compensation program, the independent reviewer assessing the case told lawmakers today.

Lawyer John Swift was commissioned in 2019 to review the design of a redress program established in 2013 in response

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