LONDON, March 10 (Reuters) - Britain's financial regulatorshould review a scheme it set up to enable customers mis-soldcomplex hedging products to seek compensation to ensure itdidn't favour banks, an influential committee of lawmakers said.
The Treasury Committee, which monitors Britain's financeministry and other bodies including the Bank of England and theFinancial Conduct Authority, said that the review would benefitfrom independent oversight.
It also recommended that an investigation into the bankingsector by Britain's competition watchdog examines whetherstructural reform of the industry is needed to boostcompetition.
(Reporting by Matt Scuffham, editing by Sinead Cruise)