Canada could learn from a U.K. proposal
Consultation considers impact of tech giants on competition, consumers
Binding authority, single banking complaint body demanded
Tougher standards aim to improve competition and results for customers
Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices
Consumer protection a growing priority for regulators, issuers and investors
CCIR, CISRO consultation will also consider outright ban on upfront commissions
Consumers enjoy lower costs, more choice through innovation, U.K. regulator says
In agreements in 2013, banks were given a "free pass" by the regulator on mis-selling to certain clients
The proposed rules are designed to ensure a higher standard of consumer protection