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But the FCA didn't take any enforcement action such as fining Wonga, since the activities took place before it had powers over Britain's £2 billion payday loan market. The Office of Fair Trading, which started investigating Wonga's debt collection practices in 2011, handed the case to the FCA in April and no longer exists. England nude telefilms ford
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Environmental services group inc The City regulator has received a dossier of information about the escalating problem, and the Financial Ombudsman Service also confirmed that it is facing a wave of complaints about the issue.
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