The Financial Conduct Authority's redress scheme related to the miss-selling of car finance may not be the hoped for silver bullet to contain the compensation claims; a number of legal claims firms are organising collective cases outside the scheme, leaving banks likely on a much larger hook for payouts.

This looks like a financial upheaval that will run & run; the claims firms are likely to be a lot more aggressive in their clams that the redress scheme would allow!

#FinancialServices
h/t FT

Brussels warns Iran war will hit growth, raise prices

BRUSSELS — The war in the Middle East risks reducing EU growth by 0.4 percentage points this year and driving up inflation, creating a dreaded cocktail known as stagflation, according to the Europe…

POLITICO

ASIC expands in NT after investigation into Indigenous customers' bank fees
By Joseph Hathaway-Wilson

The chair of the Australian Securities and Investments Commission says the expansion of the watchdog agency in Darwin will help the organisation better enforce regulations in remote communities.

https://www.abc.net.au/news/2026-03-27/asic-expands-presence-nt-darwin-indigenous-bank-customer-fees/106498334

#BusinessandIndustryRegulation #FinancialServices #JosephHathawayWilson

ASIC expands in NT after investigation into Indigenous customers' bank fees

The chair of the Australian Securities and Investments Commission says the expansion of the watchdog agency in Darwin will help the organisation better enforce regulations in remote communities.

Live: ASX edges up amid possible de-escalation of Middle East war
By Yiying Li

The ASX 200 is trading slightly up as energy stocks continue to outperform. Brent crude remains above $US102 a barrel. Follow live

https://www.abc.net.au/news/2026-03-26/asx-markets-business-news-live-updates-march-26/106497002

#StockMarket #FinancialServices #Currency #CompanyNews #Economy #Cryptocurrency #YiyingLi

Live: ASX edges up amid possible de-escalation of Middle East war

The ASX 200 is trading slightly up as energy stocks continue to outperform. Brent crude remains above $US102 a barrel. Follow live

Lille wins race to host EU customs cops

French city beats out Rome in a run-off, after a nine-way contest for the HQ of the EU Customs Authority.

POLITICO

💼 Financial services face tough marketing challenges. Digital strategies like personalized emails, SEO, content, and social media help **build trust, engage clients, and drive growth** in a competitive market. 🚀

https://digitalvibevault.com/digital-marketing-for-financial-services/

#DigitalMarketing #FinancialServices #CustomerEngagement #MarketingStrategy #Fintech #BrandLoyalty #BusinessGrowth

Digital Marketing for Financial Services: Creative Solutions

Discover innovative digital marketing strategies for financial services that overcome compliance challenges while building trust and driving results.

digitalvibevault.com
Draft Draghi to save the single market, says French MEP

The single market guru should create a European “coalition of the willing,” says lawmaker.

POLITICO
Reeves’ plan to get pension funds investing in Britain suffers Lords defeat

Peers strike down Treasury power to mandate where pension schemes invest.

POLITICO
Financial services are all‑in on AI, but regulators want more than slogans about “trustworthy AI.” The new FS AI RMF turns NIST AI RMF principles into 230 sector‑specific controls you can implement & audit. https://zurl.co/F75v2 #AI #CyberSecurity #FinancialServices #NIST
Financial Services AI Risk Management Framework – Cyber Risk Institute