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Critics push gov't to limit overdraft fees after FCA report

Published on: 01 June 2018
Published by: Law360
  • Critics push gov't to limit overdraft fees after FCA report

Article summary

Law360, London: Despite the UK Financial Conduct Authority’s proposal to increase transparency on payday loans and other expensive consumer credit, the watchdog faced criticism from lawmakers and consumer groups on Thursday for taking an overly cautious approach to tackling exorbitant overdraft charges in its review, and called for the government to take action. or take a trial to read the full analysis.

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