Edition:
India

FCA Fines Carphone Warehouse For Insurance Mis-Selling


Wednesday, 13 Mar 2019 

March 13 (Reuters) - UK's FCA::FCA FINES CARPHONE WAREHOUSE OVER 29M STG FOR INSURANCE MIS-SELLING.UK'S FCA - FOUND CARPHONE WAREHOUSE FAILED TO GIVE SALES CONSULTANTS RIGHT TRAINING TO GIVE SUITABLE ADVICE TO CUSTOMERS PURCHASING GEEK SQUAD.UK'S FCA- DIXONS AGREEMENT TO ACCEPT FCAS FINDINGS MEANT IT QUALIFIED FOR 30 PERCENT DISCOUNT. OTHERWISE FINANCIAL PENALTY WOULD HAVE BEEN 41.6 MILLION STG. 

Company Quote

134.2
0.35 +0.26%
18 Oct 2019