​​The barrister analyses the flaws of the FCA IRHP redress scheme, described as “replete with conflicts of interest” whereby “the relationship between the FCA, the banks and skilled persons was just too cosy”, “banking has a culture problem” and “the FCA has decided it does not even want to know what to do about it”.  The author proposes a Financial Services Appeals Tribunal to help to deliver culture change.Link to article: ​oxfordjournals.org

Capital Markets Law Journal Advance Access published February 9, 2016