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£3.78m fine for Bank of Ireland UK’s CoP failure

The UK's Payment Systems Regulator (PSR) has fined Bank of Ireland UK £3,779,300 after the lender failed to implement Confirmation of Payee (CoP) by...

PRA and FCA launch Scale-up Unit with six banks

The UK’s banking regulators have announced the first firms to join a new supervisory initiative designed to support fast-growing financial institutions as they scale. The...
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