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Financial Services Regulatory update, 20 - 26 August 2014

Among the stories covered in this issue are: 

  • The FCA reminds firms to ensure that debt collection practices treat customers fairly;  
  • Firm announces that the FCA has granted it full permission for consumer credit services; 
  • The ASA upholds complaints made against Borro Ltd; 
  • Bank of America agrees a record settlement with US authorities to resolve mortgage-related litigations and investigations; and 
  • The FCA publishes an exchange of letters which clarifies its use of attestations.

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