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Retail banking market investigation: CMA publishes responses to draft order

The CMA has published responses to the publication of its draft order following the retail market investigation.

The responding institutions include:

Some of the concerns raised in the responses address the proposal to introduce a monthly maximum charge in respect of unauthorised overdraft charges, the definition of personal current account, reporting and compliance requirements and measures relating to information provided to and about customers.

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Roseyna Jahangir