Swaps: Mis-selling or outright fraud? …and why the FCA’s recent letters are factually incorrect


Tuesday, August 29th from 6pm - 7:30pm BST


Online via Zoom.


There'll be a great line-up of speakers plus ample scope for discussion and debate.

Why You Should Attend...

The first part of the event will be a teach-in by Steve Middleton and Ian Tyler on the conduct and prudential regulations that actually applied to the sale of IRHPs in 2007-2008.

This will be followed by a presentation/discussion on the misleading response letters sent by the FCA to those complaining about their treatment of the Swift Review.

Lastly, there will be a presentation using as an example the mis-selling of a collar and an interest rate swap to Angelic Interiors Limited – a private and ‘sophisticated’ customer of Lloyds Bank.

The issues covered in this meeting are very relevant to many victims of banking malpractice, malfeasance, misconduct, mis-selling and even outright fraud, including the thousands of victims of the Ulster Bank scandal.

There has been some outstanding recent coverage on the Ulster Bank/NatWest/RBS scandal, principally by James Hurley, Enterprise Editor at the Times, but also now being picked up in the Irish press too, see here:

Clearly, the way forward must now be an inquiry, and as described in our notes on Operation Trident below, that inquiry must be undertaken by politicians in Stormont, Dublin and Westminster.

Furthermore, Nicholas Wilson has produced 3 explainer videos to help everybody understand the way the banks treated their business customers:

And if you want access to the full recordings of the TTF events from which the clips above have been taken, you have them here:

Taking everything into account about what we now know with absolute certainty, i.e. what the banks did and what the Financial Conduct Authority failed to do, everything to our mind points to one very serious question:

“Will the inevitable further collapse in trust and confidence around the lack of integrity and effectiveness at the FCA, mean that the FCA must now be abolished?”

As this is a matter of paramount public interest we have made this event free for everyone to attend.

Here's the programme so far...

Andy Agathangelou

Founder, Transparency Task Force; Chair, Secretariat Committee, APPG on Personal Banking and Fairer Financial Services; Chair of the Violation Tracker UK Advisory Board


Steve Middleton

Banking Consultant, BankConfidential


IRHP Sales Rules & Margin Credit – Eight million reasons for an ‘expert’ to know the rules:


Ian Tyler

Independet Chair, NED & Senior Advisor


Prudential Regulation applying to OTC Derivatives:

Angelic Interiors Limited – Gross Example of IRHP Mis-selling:

Further information about the TTF

You can click on the button below to read about the 130+ Transparency Task Force Ambassadors. The list includes world class academics and highly respected thought leaders from right around the world.

Click here to see the TTF Ambassadors

Transparency Task Force Advisory Group

You can click on the button below to read about the Transparency Task Force Advisory Group, which is Chaired by the former Chair of the Financial Conduct Authority’s Financial Services Consumer Panel.

Click here to see the TTF Advisory Group

If you want to read testimonials…

If you haven’t been to one of our events before you can use the link below to read some testimonials:

Click here for Testimonials

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