The CMA reviewed the Northern Ireland Personal Current Account (PCA) Banking Market Investigation Order 2008.
|August 2016||Final decision and notice of intention to revoke the order published|
|17 May 2016||Provisional decision published|
|18 September 2015||Deadline for parties’ submissions on the invitation to comment following the opening of the review of the order|
|28 August 2015||Northern Ireland PCA Order review opened|
- Notice of revocation of the order (14.10.16)
- Notice of intention to revoke the order (10.8.16)
- Final decision (9.8.16)
Responses to provisional decision
Combined responses to the NI PCA Order and SME undertakings can be found on the SME undertakings case page.
- Consumer Council for Northern Ireland (15.6.16)
- Provisional decision (17.5.16)
Review of order group appointed
28 August 2015: The CMA has appointed the group for the review of the order.
Decision to undertake review
28 August 2015: Following consultation and having taken into account the submissions of a number of parties 1, the CMA has decided to review the Northern Ireland Personal Current Account (PCA) Order. The review will consider whether there has been any change of circumstances such that any of the provisions of the order should be varied or revoked.
- Decision to undertake review (28.8.15)
- Review of Northern Ireland PCA consultation (20.5.15)
- Northern Ireland PCA Banking Market Investigation Order 2008
The CMA is also investigating the supply of personal current accounts (PCAs) and of banking services to small and medium-sized enterprises (SMEs) and reviewing the 2002 SME undertakings.
This review will be conducted alongside the PCA and SME market investigation by the same group of panel members conducting the market investigation.
Invitation to comment: closes on 18 September 2015
The CMA invites parties and those interested in the order to submit any evidence and views on whether the order should remain, or be varied or revoked.
The CMA will use the evidence received and carry out its own analysis, and a provisional decision will be made by the appointed group members.
Please send written representations on the above issues by email by 5pm on 18 September 2015 to firstname.lastname@example.org.
We received submissions from AIB Group (UK) plc (trading as First Trust Bank), Bacs Payment Schemes Limited, Bank of Ireland (UK) plc, Barclays Bank plc, the Consumer Council of Northern Ireland, Northern Bank Limited (trading as Danske Bank), HSBC Bank plc, Lloyds Banking Group plc, Santander UK plc, Tesco Personal Finance plc (trading as Tesco Bank) and Ulster Bank Ltd. ↩
Published: 28 August 2015
Updated: 14 October 2016
Opened: 28 August 2015
- Notice of revocation of the order published.
- Notice of intention to revoke the order published.
- Final decision published.
- Response to provisional decision published.
- Provisional decision published.
- Timetable updated.
- First published.