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Banks must improve treatment of politicians - FCA
By Abigail Townsend
Date: Thursday 18 Jul 2024
(Sharecast News) - The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.
Publishing a review of rules surrounding politically exposed persons, the Financial Conduct Authority found that most banks, payment firms and lenders did not treat PEPs poorly.
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