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Violation Tracker UK Individual Case

Company: NatWest Group
Current Parent CompanyNatWest Group PLC
Parent at the Time of the Penalty Announcement: NatWest Group PLC
Penalty: £0
Year: 2022
Date: 22 July, 2022
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: The CMA informed NatWest that it had breached the Retail Banking Market Investigation Order 2017 by failing to ensure up to date products and service information was available through Open Banking, and by failing to share correct loan interest rates.
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 & securities
Source of Data(click here)