CP08/19: Regulating retail banking conduct of business
http://www.fsa.gov.uk/pubs/cp/cp08_19.pdf
1.1 In this Consultation Paper (CP) we are seeking views on a proposed new framework for regulating retail banking conduct of business.
proposed implementation November 2009 - same time as Payment Services Directive which you can view Payment Services Directive
Makes interesting reading if a little hard going.
http://www.fsa.gov.uk/pubs/cp/cp08_19.pdf
1.1 In this Consultation Paper (CP) we are seeking views on a proposed new framework for regulating retail banking conduct of business.
proposed implementation November 2009 - same time as Payment Services Directive which you can view Payment Services Directive
4.5 The OFT has recently completed a consultation on its market study on personal
current accounts.We are liaising closely on the interaction between its potential
remedies for the weaknesses identified and our proposals.We believe that the highlevel
rules we are suggesting, together with the PSD requirements, should help to
address a number of issues identified in the market study, for example, lack of
transparency on pricing of relevant products and services.
current accounts.We are liaising closely on the interaction between its potential
remedies for the weaknesses identified and our proposals.We believe that the highlevel
rules we are suggesting, together with the PSD requirements, should help to
address a number of issues identified in the market study, for example, lack of
transparency on pricing of relevant products and services.
Makes interesting reading if a little hard going.
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