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.