December 19, 2017 / 12:23 PM / a month ago

BRIEF-UK's CMA Issues Directive To 5 Banks On Open Banking Remedy

Dec 19 (Reuters) - UK’s Competition and Markets Authority:

* UK‘S CMA- DIRECTIONS ISSUED TO 5 BANKS TO ENSURE THEY COMPLY AND RELEASE PERSONAL AND BUSINESS ACCOUNT DATA SETS AS PART OF THE OPEN BANKING REMEDY

* UK‘S CMA- DIRECTIONS ISSUED TO BARCLAYS, HSBC, BANK OF IRELAND, SANTANDER, RBS

* UK'S CMA- FIVE BANKS TOLD US THAT THEY WOULD NOT BE ABLE TO RELEASE ALL OF THESE DATA SETS BY THE SPECIFIED DATE Source text for Eikon: (goo.gl/XoK7xg) Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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