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Violation Tracker UK Individual Case

Company: HSBC UK Bank plc
Current Parent CompanyHSBC
Parent at the Time of the Penalty Announcement: HSBC
Penalty: £0
Year: 2024
Date: 25 July, 2024
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: The CMA was informed by HSBC of a breach of the Retail Banking Market Investigation Order 2017 by publishing an incorrect value for its Monthly Maximum Charge on some of its multi-function devices. The CMA reviewed the evidence and the actions taken to end the breach and decided on no further 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)