Here's the link to the FCA press release: https://www.fca.org.uk/news/press-releases/fca-confirms-biggest-shake-up-overdraft-market https://www.fca.org.uk/news/

Here's the link to the FCA press release: https://www.fca.org.uk/news/press-releases/fca-confirms-biggest-shake-up-overdraft-market https://www.fca.org.uk/news/press-releases/fca-confirms-bigg... > Stopping banks and building societies from charging higher prices for unarranged overdrafts than for arranged overdrafts. > Banning fixed fees for borrowing through an overdraft – calling an end to fixed daily or monthly charges, and fees for having an overdraft facility. > Requiring banks and building societies to price overdrafts by a simple annual interest rate.