Skip to Primary Navigation

Skip to main content

HSBC warned over second breach of regulations on open banking

HSBC signage
Photo: Getty Images

Martin Cloake

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

CMA writes to bank over failure to publish accurate information.

HSBC has received a warning from the UK’s Competition and Markets Authority for publishing inaccurate information on fees, charges and rates through its Open Banking API.

More than 50 instances of inaccurate information were identified, with them longest breach lasting from 2017 until 2022. This is the second time

A letter to

, , ,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience