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UK banks, building societies see draft rules on preserving access to cash

( December 7, 2023, 11:02 GMT | Official Statement) -- MLex Summary: UK banks and building societies have a first sight today of proposed new obligations to ensure personal and business customers continue to have access to cash. Under proposals put out for feedback by the Financial Conduct Authority until Feb. 8, they will need to assess gaps in access to cash, accounting for local factors such as demographics and transport, and address gaps that they find.Statement follows. The consultation paper is attached....

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