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CMA finds breaches of Part 2 (Open Banking) of the Retail Banking Market Investigation Order 2017 and Santander has agreed to take action to prevent a recurrence.
Survey ranks banks so that customers can easily compare services and get the best deal - at a time when many are keeping a close eye on their finances.
Four high street banks – HSBC, Lloyds, TSB and Allied Irish Bank (AIB) – failed to comply with banking rules put in place by the CMA to help their customers.
CMA finds breaches of Part 7 and Article 56 of the Retail Banking Market Investigation Order 2017 and TSB has agreed to take action to prevent a recurrence.
CMA finds breaches of Parts 2 and 8 and Article 56.2 of the Retail Banking Market Investigation Order 2017 and AIB has agreed to take action to prevent a recurrence.
CMA finds a breach of Part 2 of the Retail Banking Market Investigation Order 2017 and Lloyds has agreed to take action to prevent a recurrence.
CMA finds a breach of Part 7 of the Retail Banking Market Investigation Order 2017 and HSBC has agreed to take action to prevent a recurrence.
Economic Secretary to the Treasury Bim Afolami delivers keynote speech at UK Finance at Bright Blue event in partnership with Virgin Money
First published during the 2022 to 2024 Sunak Conservative government
The UK and the Association of Southeast Asian Nations (ASEAN) have agreed to work in partnership on some key issues shaping the financial services sector.
Public sector organisations are reminded to ensure accounts will be IFRS 17 compliant when accounting for insurance contracts, from this financial year onwards.
The Economic Secretary to the Treasury Bim Afolami has appointed Bryan Zhang to the board of the Financial Conduct Authority (FCA).
The three external members have been reappointed by the Economic Secretary to the Treasury.
Rachel Kent will succeed Amerdeep Somal as the Financial Regulators Complaints Commissioner, serving a five-year term starting on 1 January 2024.
Economic Secretary to the Treasury Bim Afolami is today announcing further changes to financial services as he marks the anniversary of the Edinburgh Reforms.
CMA finds that 3XD Limited breached Article 10 of the Payment Protection Insurance Market Investigation Order 2011 by charging an administration fee to policyholders. 3XD Limited has refunded all policyholders.
The Chancellor has announced a £320 million plan to drive innovation and unlock the first tranche of investment from his Mansion House Reforms.
Bank scores reveal what’s out there for customers and holds providers to account during time of financial pressure
CMA finds breaches of Part 3 and Article 56 of the Retail Banking Market Investigation Order 2017 and the Co-operative Bank has agreed to take action to prevent a recurrence.
CMA finds breaches of Part 3 and Part 8 of the Retail Banking Market Investigation Order 2017 and NatWest has agreed to take action to prevent a recurrence.
Richard Moriarty has been announced as the new CEO of the Financial Reporting Council today (31 July).
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