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Bank and credit card customers who believe that they were mis-sold payment protection insurance (PPI) could be given a deadline to apply for redress or lose their right to make a claim, the UK's financial regulator has suggested. 05 Oct 2015
Retailers and their payment service providers should implement data breach incident response plans to account for the inevitability of cyber attacks, a payments industry body has said. 01 Oct 2015
Anti-competitive agreements are prohibited by European and domestic competition law. This means any anti-competitive provisions in commercial agreements are void and unenforceable which could lead to the entire agreement being unenforceable.
Organisations are increasingly looking to work in collaboration or partnership with third parties. This may be to achieve operational aims, such as a step change in service delivery, or to reduce costs or achieve efficiencies.
Many private sector organisations are using competitive tenders to procure goods and services or award significant contracts. Competitive tenders can be used to maintain a competitive edge and drive a better commercial deal.
UK banking regulation is undergoing significant changes which will affect UK banks and foreign banks operating in the UK.
This is one of a series of guides on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation and competition considerations.
This is one of a series of guides on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, third party contracts and competition considerations.
Banks have a limited window of probably no more than three years in which to decide how to respond to the threat of digital disruption, according to a new report by McKinsey. 01 Oct 2015
DBS bank will invest in new banking technology to ensure it can survive challenges from new digital payment companies , chief executive Piyush Gupta told the Financial Times . 30 Sep 2015
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