FSA under pressure to 'water down' mis-selling findings Banks have been deploying "formidable resources" to influence the Government's thinking, the source warned. The FSA has estimated that around 40,000 small and medium-sized businesses were sold interest rate swaps by their banks. A Treasury spokesman said: "The Government has been clear that the mis-selling of financial products is wrong, and supports the FSA's ongoing work on this issue. It is vital to establish redress as quickly as possible for those businesses that were mis-sold.