Regulatory Alerts2023-12-04
Added · Updated
PS24/8: Access to Cash
The document establishes final rules and guidance for a new regulatory regime requiring 14 designated large banks and building societies to assess and fill gaps in local cash access provision. Triggered by branch closures or material changes to cash facilities, assessments must be completed within updated timeframes, with firms required to deliver additional services without unreasonable delay and subject to a three-month backstop. The rules also designate LINK entities as coordination bodies and impose information-gathering obligations on other entities involved in cash access, such as the Post Office and non-designated providers.
More like this from FCA
FCA published 5 documents in the last 30 days. We email you each new one the day it's published.