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FCA To Hold Firms To Account For 'Foreseeable Harm'

By Richard Crump (April 4, 2019, 1:45 PM BST) -- The Financial Conduct Authority's enforcement chief said Thursday the watchdog will hold companies accountable if they fail to prevent "foreseeable harm" being caused to consumers, as he pointed to substantial fines issued recently against Tesco Bank and a mobile phone retailer....

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