Legal News

SME banking sector—is it time for change?

Published on: 20 November 2014

Table of contents

  • Original news
  • What is the background to the CMA’s inquiry?
  • What is the CMA seeking to achieve through the inquiry?
  • What action could the CMA take?
  • What advice should lawyers give their banking clients at this stage?

Article summary

Financial Services analysis: The Competition and Markets Authority (CMA) recently announced its decision to launch an in-depth market investigation into the personal current account (PCA) and small and medium-sized enterprise (SME) retail banking sectors. Rebecca Owen-Howes, senior associate at Dentons UKMEA LLP, considers the possible implications.

Popular documents