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Homeserve PLC faces 34.5 mln penalty-Reuters


Monday, 13 Jan 2014 04:07am EST 

Homeserve PLC:Says it received a notice from UK's financial regulatory authority, proposing a penalty of 34.5 million pounds ($56.87 million) relating to alleged mis-selling practices-Reuters.The company, which has been under investigation by UK's Financial Conduct Authority since last May, said it would engage in discussions with the regulator to finalise the notice. 

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