Bankers challenge FSA over PPI
The BBA has instigated judicial review proceedings against the FSA in respect of its policy statement about how payment protection insurance (PPI) complaints should be handled and against the Financial Services Ombudsman (FOS) in respect of the guidance it uses when assessing PPI complaints.
A judicial review challenges the lawfulness of a decision made by a public body.
The BBA claims that both the FSA and the FOS have exceeded their powers by relying on the FSA’s high-level principles for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Kingfisher hits Fresh sellers with allegations of deceit
- Analysis: Is the Intact takeover of RSA UK good or bad news for brokers?
- News analysis: Never the same again?
- Broker Exchange: Regulation deluge impacting some brokers’ survival chance
- Mint Insurance Brokers joins James Hallam's AR network
- Broker Exchange: Hard market issues exacerbated by "rowing back"of local decision making
- Brunel Insurance Brokers buys Coventry broker