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Banks will be forced to explain and delay any decision to close an account under new rules, protecting freedom of expression. The government has stepped in to address fears that banks are terminating accounts because they disagree with someone’s political beliefs. The changes will increase the notice period to 90 days – giving customers moreBanks will be forced to explain and delay any decision to close an account under new rules, protecting freedom of expression. The government has stepped in to address fears that banks are terminating accounts because they disagree with someone’s political beliefs. The changes will increase the notice period to 90 days – giving customers more » The FINANCIAL UK local news

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United Kingdom , Britain , Andrew Griffith , Financial Services , Financial Ombudsman Service , Markets Act , Smarter Regulatory Framework , Politically Exposed Persons , Banks , London , Uk Local News ,

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