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By Elena Vardon HSBC has been fined 6.3 million pounds by the U.K. watchdog for failures in its treatment of at least 1.5 million customers in financial difficulty. The Financial Conduct...
Bank's treatment of customers in financial difficulty sparks sanction from U.K. regulator
The FCA used a newspaper article to mount a defence of the proposals - even as the industry stepped up its opposition via a letter.
We strongly disagree with the FCA’s proposals, set out in CP24/2, to announce that it has opened enforcement investigations into firms where it considers this to be in the public...
The FCA will name some firms that are subject to enforcement investigations to reassure people that rules are upheld and integrity enforced