Small print should be banned - not read

THE recent scandals involving AIB and NIB came as no great surprise.

Silly mistakes, overcharging and other undesirable practices by financial institutions in general have been a hot topic for a long time. Negligence in little things usually leads to more serious breaches of regulations. It’s high time legislation was put in place governing the use of print so small it almost requires a magnifying glass to read it.

Cunningly used in parts of contract and agreement documents, rules and conditions forms and in promotional literature and advertising, it can be most deceiving.