Financial Mis-selling. Libor and Structured Products
Who should attend
This is an essential course for those who are involved with claims for the mis-selling of financial products, but who do not necessarily have a financial background. Lawyers, litigators, solicitors, accountants, potential claimants and bank sales staff.
Banks and Financial Services have recently been the focus of the media and the Law courts. This is a one-day course aimed at litigators who are pursuing claims for the mis-selling of complex financial products/manipulation of LIBOR. We focus on the factual basis – what the products are, how/why they might be mis-sold/manipulated and what the effect is.
Overview of the Banking Industry
- Global Financial Markets
- The major products and how they interact
- Exchange traded vs OTC markets
- Financial Services regulation
Interest Rates- where do they come from?
Base rates – governments
Short term rates - Money Markets
Long term rates – Government Bond markets
- What is it, and who uses it?
- How is it calculated?
- LIBOR manipulation
- Who is likely to be affected?
- Examples – trading profits, loan mis-pricing,
- The new LIBOR schedule - does this solve the issues?
- Yield curves/bonds/swaps, explained
- Derivatives – futures, options and swaps
- Risk Management products or dangerous speculative instruments?
- Structured Products – structured for banks or for clients?
- Interest rate swaps for SME’s
- How have these been potentially mis-sold?
Examples and applications
Conclusion – tips for instructing experts
As every course we run is tailored to meet the specific needs of each client, we can only provide an estimate after fully understanding your specific requirements. Please complete the form below of call +44 (0) 208 894 4977 to discuss how Taylor Associates can help you.