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Sat 11 Nov 2008Regulator fines Hibernian €45,000
HIBERNIAN DIRECT has been fined €45,000 by the Financial Regulator and paid refunds to customers of €16,608 following breaches of the regulator's consumer protection code.
The breaches related to the sale of optional extra cover in relation to motor policies sold by Hibernian. The regulator found that Hibernian did not provide all the information required by the code when selling these extras.
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