The FCA review

The FCA review on Interest Rate Hedging Products. - Consequential Loss

Pragmaticum is working with businesses that have now had their IRHP reviewed. Basic redress decisions have been made in many cases and IRHP costs are being returned leaving the business with the option to present its consequential loss claim or accept the 8% compensatory interest as sufficient compensation.

Pragmaticum is advising on the additional costs and the consequential loss that is due and preparing the submission in a form that is compliant to the review process. It is also providing an opinon and restatement of claim for those who have elected to submit a claim unassisted and have had it rejected by the bank.

see IRHP's What you need to know

Pragmaticum Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; its registration is recorded on the website: www.gov.uk/moj/cmr

Pragmaticum Limited is Authorised and Regulated by the Financial Conduct Authority. Ref: 501527