“IRHPgate – the Judicial Review and how it can be funded”

This event has now taken place

You can add the event to your calendar as a reminder before booking your place below; this is not a confirmation of booking



Tuesday, February 22nd, 12pm to 1pm UK time.


Online symposium via Zoom.


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

Kevin Hollinrake MP talking about the Judicial Review on Sky TV

Why you should attend

We are calling on everybody to do whatever they can to raise awareness of the urgent, emergency fundraising effort to help the victims of the egregious and fraudulent mis-selling of interest rate hedging products (IRHPs) by the banks.


The mis-selling of IRHPs by banks is one of the UK’s largest ever financial scandals. Livelihoods have been lost, businesses built up over many years have been destroyed and lives have been ruined.


In 2013, the FSA had nine banks enter a scheme that paid out over £2 billion of compensation.  However, one third of customers were excluded on the basis of arbitrary ‘sophistication’ criteria, causing thousands of SMEs to lose their only chance to recover £billions in compensation owed to them. 


In December 2021, an independent review by a leading regulatory barrister, John Swift QC, concluded the FSA was wrong to exclude these customers.  Yet, in the face of those conclusions, the FCA has refused to re-open the scheme. TTF believes the decision by the FCA to refuse to help the victims, shows it to be an organisation that is morally bankrupt – it is deliberately choosing to not do the right thing – it is siding with the guilty banks rather than with the banks’ innocent victims. 


We all need to fight against this! 

The All Party Parliamentary Group on Fair Business Banking (APPG) also believes that the FCA is wrong and that it has a compelling case for judicial review, which must be filed at court by 13 March 2022 at latest.  The APPG’s letter before action, explaining the claim, is here.   


Many people believe the judicial review is the best – and likely final – chance for these victims to obtain justice.  


TTF is wholly supportive of this endeavour. We believe that the FCA are deliberately obstructing a legitimate opportunity for the victims of egregious behaviour by the banks to get the justice and compensation that is owed to them. The FCA needs to be challenged in Court and that is exactly what this initiative is all about. 


We believe that whatever the FCA’s legal basis is for not helping victims to get the compensation they deserve, the moral basis for their case is non-existent. 


And we go one step further – if the FCA are unable to see that the moral basis for their action is non-existent, they cannot be fit for purpose to govern the conduct of the financial services sector, and help protect consumers from harm – they have shown they do not have the moral integrity to do so.

Please attend this emergency event to fully understand why the Judicial Review is so important and please encourage everybody you know to attend.

Here's the programme so far...

Andy Agathangelou

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

Ned Beale

Partner, Hausfeld


Simon Bishop

Partner, Hausfeld

Rachael Baillie

Senior, Associate

Andy Candy 

Director, Tentacle Limited

Ian Lightbody 

Leadership Group Member, BBRSIneligable


Andy Keats 

CEO, SME Alliance

Fiona Sheriff  

Co-founder, The Athena Foundation

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

Scroll Up
Social Share Buttons and Icons powered by Ultimatelysocial