Britain's Monzo, NatWest rapped over competition rule breaches
Wednesday, June 23, 2021
LONDON (Reuters) -Britain's competition watchdog has warned banks Monzo, NatWest, Virgin Money (LON:VM) and Bank of Ireland over breaching rules requiring them to send banking transaction histories to former account holders.
In total, nearly 150,000 customers were not provided with the necessary information quickly enough, the Competition and Markets Authority said on Tuesday.
Monzo was responsible for the bulk of the breach, accounting for over 143,000 former customers.
Under Britain's competition rules, lenders must send customers a transaction history within 40 days of a customer or small business closing their accounts, with at least 95% sent within 10 working days.
The CMA said the four banks were now sending out the required information and it would take further action if the failures were repeated.
A spokesperson for Monzo said: "Since we identified the issue and reported it to the CMA in February 2021, we've fixed the problem and are telling affected customers that we can send them their transaction history if they'd like.
"This was an admin error, and we've also said sorry to the customers involved. Up until now, we've sent a full transaction history to any customer who has asked for it directly."
Leave your comment
APPROVED BROKERS
01-05-2024 10:45:17 (UTC+7)
EUR/USD
1.0658
-0.0008 (-0.07%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (3)
EUR/USD
1.0658
-0.0008 (-0.07%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (3)
GBP/USD
1.2475
-0.0015 (-0.12%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (10)
USD/JPY
157.91
+0.12 (+0.07%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
AUD/USD
0.6469
-0.0003 (-0.05%)
Summary
NeutralMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (2)
Sell (3)
USD/CAD
1.3780
+0.0003 (+0.03%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
EUR/JPY
168.32
+0.10 (+0.06%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
EUR/CHF
0.9808
+0.0001 (+0.01%)
Summary
NeutralMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (3)
Sell (2)
Gold Futures
2,295.80
-7.10 (-0.31%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Silver Futures
26.677
+0.023 (+0.09%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (9)
Copper Futures
4.5305
-0.0105 (-0.23%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (1)
Crude Oil WTI Futures
81.14
-0.79 (-0.96%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (7)
Brent Oil Futures
85.62
-0.71 (-0.82%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (7)
Natural Gas Futures
1.946
-0.009 (-0.46%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
US Coffee C Futures
213.73
-13.77 (-6.05%)
Summary
↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (0)
Sell (10)
Euro Stoxx 50
4,920.55
-60.54 (-1.22%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (7)
S&P 500
5,035.69
-80.48 (-1.57%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
DAX
17,921.95
-196.37 (-1.08%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (6)
FTSE 100
8,144.13
-2.90 (-0.04%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (2)
Sell (4)
Hang Seng
17,763.03
+16.12 (+0.09%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (6)
US Small Cap 2000
1,973.05
-42.98 (-2.13%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
IBEX 35
10,854.40
-246.40 (-2.22%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (3)
BASF SE NA O.N.
49.155
+0.100 (+0.20%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (7)
Bayer AG NA
27.35
-0.24 (-0.87%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
Allianz SE VNA O.N.
266.60
+0.30 (+0.11%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (3)
Sell (5)
Adidas AG
226.40
-5.90 (-2.54%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (7)
Deutsche Lufthansa AG
6.714
-0.028 (-0.42%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (9)
Sell (1)
Siemens AG Class N
175.90
-1.74 (-0.98%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Deutsche Bank AG
15.010
-0.094 (-0.62%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (6)
Sell (2)
| EUR/USD | 1.0658 | ↑ Sell | |||
| GBP/USD | 1.2475 | ↑ Sell | |||
| USD/JPY | 157.91 | ↑ Buy | |||
| AUD/USD | 0.6469 | Neutral | |||
| USD/CAD | 1.3780 | ↑ Buy | |||
| EUR/JPY | 168.32 | ↑ Buy | |||
| EUR/CHF | 0.9808 | Neutral |
| Gold | 2,295.80 | ↑ Sell | |||
| Silver | 26.677 | ↑ Sell | |||
| Copper | 4.5305 | ↑ Buy | |||
| Crude Oil WTI | 81.14 | ↑ Sell | |||
| Brent Oil | 85.62 | ↑ Sell | |||
| Natural Gas | 1.946 | ↑ Sell | |||
| US Coffee C | 213.73 | ↑ Sell |
| Euro Stoxx 50 | 4,920.55 | ↑ Sell | |||
| S&P 500 | 5,035.69 | ↑ Sell | |||
| DAX | 17,921.95 | ↑ Sell | |||
| FTSE 100 | 8,144.13 | Sell | |||
| Hang Seng | 17,763.03 | ↑ Sell | |||
| Small Cap 2000 | 1,973.05 | ↑ Sell | |||
| IBEX 35 | 10,854.40 | Neutral |
| BASF | 49.155 | ↑ Sell | |||
| Bayer | 27.35 | ↑ Sell | |||
| Allianz | 266.60 | ↑ Sell | |||
| Adidas | 226.40 | ↑ Sell | |||
| Lufthansa | 6.714 | Neutral | |||
| Siemens AG | 175.90 | ↑ Sell | |||
| Deutsche Bank AG | 15.010 | Neutral |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 8,300/ 8,500 (8,300/ 8,500) # 1,298 |
| SJC 1L, 10L, 1KG | 8,300/ 8,520 (0/ 0) # 1,510 |
| SJC 1c, 2c, 5c | 7,380/ 7,550 (0/ 0) # 540 |
| SJC 0,5c | 7,380/ 7,560 (0/ 0) # 550 |
| SJC 99,99% | 7,370/ 7,470 (0/ 0) # 460 |
| SJC 99% | 7,196/ 7,396 (0/ 0) # 386 |
| Cập nhật 01-05-2024 10:45:19 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $2,285.72 | -47.5 | -2.04% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 25.440 | 25.940 |
| RON 95-III | 24.910 | 25.400 |
| E5 RON 92-II | 23.910 | 24.380 |
| DO 0.05S | 20.710 | 21.120 |
| DO 0,001S-V | 21.320 | 21.740 |
| Dầu hỏa 2-K | 20.680 | 21.090 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $80.83 | +3.39 | 0.04% |
| Brent | $85.50 | +3.86 | 0.05% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 25.088,00 | 25.458,00 |
| EUR | 26.475,36 | 27.949,19 |
| GBP | 30.873,52 | 32.211,36 |
| JPY | 156,74 | 166,02 |
| KRW | 15,92 | 19,31 |
| Cập nhật lúc 10:45:15 01/05/2024 Xem bảng tỷ giá hối đoái | ||
