Work Area: Banking Regulation

French court quashes cheque-processing cartel fines for a second time

A French appellate court has again overturned fines imposed on 10 banks for agreeing to raise cheque processing charges, ruling that the country’s antitrust authority failed to prove the existence of any by-object infringement.

07 December 2021

UK open banking chair resigns as CMA oversight failures slammed

The UK’s Competition and Markets Authority is partly to blame for the failings in governance at the open banking regulator it oversees, which in turn had a “culture of bullying and intimidation”, an independent report has concluded.

04 October 2021

Spain probes four banks for tying covid-relief loans

Spain’s antitrust authority has launched an investigation into some of the country’s biggest banks for allegedly tying certain products or services with covid-19 relief loans provided to companies or freelance workers.

16 June 2021

Lloyds caught bundling loans and bank accounts during pandemic

The UK’s competition enforcer has censured Lloyds Banking Group for unlawfully making small business owners open business bank accounts to access a coronavirus-related government loan scheme.

08 September 2020

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