ECB consults on retail payments oversight *

European Union - March 30 2012
ECB is consulting on oversight of retail payment systems.

Co-authors: Andrew Barber .

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FOS and Lending Standards Board issue joint statement *

United Kingdom - March 30 2012
The statement describes their respective roles and responsibilities and the framework that exists for constructive communication and co-operation between them.

Co-authors: James Scales.

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FSA feeds back on adviser charging *

United Kingdom - March 30 2012
FSA has published a feedback statement on its proposals to make changes to its rules to:.

Co-authors: Andrew Barber .

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Payments Council publishes its latest newsletter *

United Kingdom - March 30 2012
It covers market research on account switching, payments in the charity sector, the decrease in payment fraud losses and research on the impact of closing the Cheque Guarantee Card Scheme.

Co-authors: James Scales.

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FSA fines bank £8.75 million for anti-money laundering failures *

United Kingdom - March 30 2012
As part of its thematic review into banks’ management of high-risk money laundering situations, FSA identified deficiencies in the documentation Coutts held about its high-risk customers, including politically exposed persons (PEPs).

Co-authors: Emma Radmore.

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