CFTC slaps Standard Bank K100m penalty, FDH Bank K200m for engaging in misleading conduct, unconscionable conduct
* And failure to disclose material information, and unfair consumer contracts * As the CFTC orders six companies to pay administrative monetary fines totaling MK361 million for different violations as provided under the Competition and Fair Trading Act By Duncan Mlanjira The Competition & Fair Trading Commission (CFTC) has fined Standard Bank with K100 million and FDH Bank K200 million for engaging in misleading conduct, unconscionable conduct and failure to disclose material information, and unfair consumer contracts. CFTC have…









