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March 23, 2015

Judicial Review now a possibilty for Interest Rate Swap redress scheme

23 March 2015 On April 24th, in what is being described as a ‘landmark legal hearing’, a senior judge will be deciding whether the Financial Conduct Authority’s (FCAs) current redress scheme, […]
March 20, 2015

Budget 2015 news: Osborne tells UK Banks – “PAY YOUR TAXES”

20 March 2015 Chancellor George Osborne has told all UK banks they MUST start paying their taxes. They will no longer be allowed to offset costs incurred by […]
March 16, 2015

FCA Review imminent for Interest Rate Swap redress scheme

16 March 2015 The Treasury has ordered the Financial Conduct Authority (FCA) to conduct a full review of the current scheme aimed at providing redress for business that […]
March 13, 2015

Treasury Select Committee Report includes evidence given by Seneca

13 March 2015 On the 10th of March the House of Commons Treasury Select Committee (TSC) published the long awaited report on “Conduct and Competition in […]
March 11, 2015

BANKS TOLD – YOU ARE NOT OFF THE HOOK

11 March 2015 The powerful Treasury Select Committee of MPs has warned banks and the regulator that they still have massive liabilities for mis-selling of Swaps […]
March 9, 2015

Barclays and Deutsche Bank traders face questioning over Euribor rigging

09 March 2015 The UK’s Serious Fraud Office (SFO) is set to question former traders of both Barclays and Deutsche Bank over allegations of Euribor rigging. Euribor […]