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Financial Services Regulatory update, 4 - 10 March 2015

Welcome to TLT's Financial Services Regulation round up. In each edition we summarise the latest regulatory news, focusing specifically on regulatory reform, consumer credit, the Financial Ombudsman Service, advertising, insurance, mortgages, banking and payments, and give a round up of industry news. Among the stories we cover this week are:

  • FCA review finds customers in arrears failed by payday lenders;
  • Interest rates expected to remain unchanged despite record low inflation;
  • FCA brings additional benchmarks within its regulatory and supervisory regime;
  • London serving as the 'Wimbledon' for investment banking; and 
  • Fraudster sentenced to 10 years imprisonment over Ponzi scheme.

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