Article summary
A number of EU and UK financial authorities have issued updates in response to the coronavirus epidemic. The European Banking Authority (EBA) has cancelled travel and live meetings. The UK Financial Ombudsman has published preliminary guidance to consumers on their rights related to cancellations etc, while UK Finance has issued a statement saying UK banks, building societies and credit card providers are ‘ready and able to offer support’ to their customers who are financially impacted directly or indirectly.
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