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Ruling on PPI commission charge could cost UK banks £33 billion

British banks and financial firms could have to pay £33 billion more in compensation over PPI, for not telling clients about commission charges, a research company has predicted, according to a Reuters report . 31 Jul 2015

Consumer fairness to feed into FCA's review of role of big data in insurance, says expert

FOCUS: The Financial Conduct Authority (FCA) is likely to take more of an interest in how customer data is used than in how it is collected during an upcoming study of the use of 'big data' by insurers, so firms should look at the work of other regulators... 31 Jul 2015

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