UK regulator says insurance mis-selling complaints have declined

September 30, 2015 9:29 AM

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LONDON, Sept 30 Britain's financial regulator said complaints about the mis-selling of loan insurance by banks and other financial firms fell by 16.6 percent in the first half of 2015, compared with the six months before.

The data, published on Tuesday, will raise financial industry hopes of an imminent end to Britain's costliest consumer finance scandal, for which banks have set aside 28 billion pounds to compensate customers.

Also read: EU fines 3 banks $520 million over market rigging

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