FCA fines Barclays £26 million over treatment of customers in financial difficulty | Practical Law

FCA fines Barclays £26 million over treatment of customers in financial difficulty | Practical Law

The FCA has published the final notice it has issued to Barclays Bank UK plc, Barclays Bank plc and Clydesdale Financial Services Ltd (collectively Barclays) fining it £26,056,400 for failures relating to the treatment of consumer credit customers who fell into arrears or experienced financial difficulties.

FCA fines Barclays £26 million over treatment of customers in financial difficulty

Practical Law UK Legal Update Case Report w-028-8264 (Approx. 3 pages)

FCA fines Barclays £26 million over treatment of customers in financial difficulty

by Practical Law Financial Services
Published on 15 Dec 2020 • United Kingdom
The FCA has published the final notice it has issued to Barclays Bank UK plc, Barclays Bank plc and Clydesdale Financial Services Ltd (collectively Barclays) fining it £26,056,400 for failures relating to the treatment of consumer credit customers who fell into arrears or experienced financial difficulties.