Financial Services Financial Services

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

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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