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Banning restrictive contractual clauses: the FCA’s bid to promote competition

Published on: 13 July 2017

Table of contents

  • What is the background to this policy statement?
  • What should firms be particularly aware of?
  • How has the FCA dealt with clauses relating to cross-selling and cross-subsidisation of services and other industry concerns in the final policy statement?
  • What action do firms need to take in light of this policy statement?
  • How should lawyers advise their clients?

Article summary

Financial Services analysis: Have there been barriers to healthy competition? Robert Finney, a partner at Holman Fenwick Willan, examines the FCA’s policy statement on the prohibition of restrictive contractual clauses and advises what the new rules and guidance mean for firms.

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