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The FCA and PRA ask banks to review their arrangements with deposit aggregators

14/04/2021

On 14 April 2021, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) sent a “Dear CEO Letter” to the chief executive officers of banks and building societies regarding the use of deposit aggregators and how to mitigate some of...

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Authors

Portrait ofAsh Saluja
Ash Saluja
Partner
London
Portrait ofTom Callaby
Tom Callaby
Partner
London
Portrait ofJames Dickie
James Dickie
Senior Associate
London