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Financial Services Regulatory update, 20 May - 2 June 2015

Welcome to our weekly round up of the latest regulatory news from the financial services sector. Among the stories this week are:

  • ‘Non-cash’ payments overtake cash payments in 2014;
  • Biggest monthly rise in UK mortgage approvals since 2009;
  • Treasury plans to sell its stake in Lloyds in one year;
  • Thinktank believes UK financial system needs urgent overhaul; and
  • HSBC expected to announce thousands of redundancies.

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