Glossary

ATE	After The Event Insurance, which can be taken out to cover the costs of litigation
BSB	Bar Standards Board responsible for regulating barristers
FCA	Financial Conduct Authority, responsible for conduct of business regulation in the UK
FOS	Financial Ombudsman Service
FSCS	Financial Services Compensation Scheme
IRHP	Interest Rate Hedging Product, for example, a Swap
PRA	Prudential Regulation Authority, responsible for prudential supervision of banks in the UK