Helping you pursue consequential loss claims When in 2012, the Financial Conduct Authority (“FCA”) identified failings in the way that some banks sold structured collars, swaps, simple collars and cap products (collectively referred to as Interest Rate Hedged Products or IRHPs) banks involved agreed to review their sales of IRHPs made to unsophisticated customers since 2001. Since May 2013 the banks have sent a redress determination letter to 17,600 businesses. So far, £2 billion has been paid in redress, however, the consequential losses resulting from these mis-sold products remain a major outstanding issue for many businesses and shareholders, in both solvent and insolvent situations. Redress Services assist directors and insolvency practitioners to understand the options available to them in pursuing consequential loss claims. We provide an independent assessment of the facts supported by industry specialist in the field of forensic accounting, banking and law, and solutions to ultimately pursue a legal claim for compensation. For further information you can speak to a member of our team, without any obligation, on 0330 660 0159 or email us on info@redress-services.co.uk