Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: AIB Group (UK) plc
Current Parent CompanyAllied Irish Banks
Parent at the Time of the Penalty Announcement: Allied Irish Banks
Penalty: £0
Year: 2020
Date: 5 October, 2020
Offence Group: financial offences
Offence Type: banking violation
Violation Description: The CMA informed AIB that it believed the company was in breach of the 2002 undertaking not to bundle business current accounts and loans as they restricted customer choice, but would take no formal action if the company adhered to an Action Plan to cure the breach.
Action Type: agency action
Agency: Competition and Markets Authority
HQ Country of Parent: Ireland
Ownership Structure of Parent: government-owned
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data(click here)