Basic Search  |  Summaries  |  Advanced SearchPenalty: £600,000
Year: 2022
Date: 31 August, 2022
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: The CMA issued directions to HSBC, including refunds to customers, 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 & securities
Source of Data: (click here)