A new development in the judicial saga around the 2010 decision by which the FCA imposed a EUR 384.9 million fine on 11 French banks for agreeing on the introduction of unjustified interbank fees during the transition towards a new
The French Supreme Court annuls the fines previously imposed by the Competition Authority on ten banks for agreeing on the introduction of unjustified interbank fees (Banque de France / BPCE / Banque Postale / BNP-Paribas / CIC / HSBC / SG)
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