Conduct Authority: Outsize Impact and Banking Industry

conduct authority: The payment protection insurance clock stops at 11.59pm tonight, according to The Independent. At least in theory Any claim filed after that will be invalid. That little abbreviation has had an outsize impact on the banking industry's profits and reputation. Can't get past your bank's creaking IT system The Financial Conduct Authority won't extend it. But you can see the problem. I'm told banks will be required to treat their customers fairly in the event of problems. (news.financializer.com). As reported in the news.