How to spot a mis-sold interest rate swap
The scale of interest rate swaps mis-selling is only just beginning to be realised, according to All Square Treasury's Daniel Hall.
As around 40,000 small to medium sized businesses are estimated by the FSA to be mis-sold swaps, identifying whether clients have been mis-sold is vital.
All Square Treasury released a guide for accountants on interest rate hedging products, providing a digest for accountants to identify where clients have been mis-sold.
Key indicators include: