Legal News

CMA varies Santander Open Banking directions

Published on: 18 March 2020
Published by LNB News

LNB News 18/03/2020

Document Information

Issue Date: 18 March 2020

Published Date: 18 March 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Competition and Markets Authority (CMA) has varied the directions issued to Santander UK plc (Santander) under the Retail Banking Market Investigation Order 2017 (the Order). The variation concerns Santander’s failure to deliver open banking for the c40,000 business current accounts of its subsidiary, Cater Allen.

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