Violation Tracker UK Individual Case

Company: HSBC
Current Parent Company: HSBC
Penalty: £0
Year: 2022
Date: 30 March, 2022
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: The CMA issued directions to HSBC following an investigation finding it had breached undertakings stopping the bundling of accounts and loans for small and medium sized enterprise customers.
Action Type: agency action
Agency: Competition and Markets Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data: (click here)