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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

Innovation in energy market highlights case for principles-based regulation, says expert

FOCUS: Innovation in the energy market is challenging the existing regulatory regime, highlighting the case for industry supervisor Ofgem to set new principles-based rules. 31 Jul 2015

Financial firms generally treating customers well after unauthorised transactions, says regulator

UK financial firms are generally making "good efforts" to treat customers fairly if they report unauthorised transactions involving their accounts, according to new research by the Financial Conduct Authority (FCA). 30 Jul 2015

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