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PPI broker which failed to assess customer's needs acted on behalf of customer, not credit provider, rules Supreme Court

The failure by a broker to conduct a proper assessment of the needs of an insurance customer before brokering the sale of PPI insurance to them was not a failure committed in the name of the  credit provider, the UK Supreme Court has said.  26 Nov 2014

Clarity on interaction between data protection laws and disclosures under financial services regime would benefit businesses, says expert

Banks, insurance companies and other financial services businesses would benefit if policy makers explained in more detail the interaction between data protection laws and rules designed to combat financial crime, an expert said. 26 Nov 2014

European Commission urged to take ‘fresh look’ at proposed banking reforms

European banks are calling on the European Commission to take a “fresh look” at its proposals for the structural reform of banks. 26 Nov 2014

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