PPI Judicial Review
The FSA implemented rules last December that forced banks to review past sales of PPI that the watchdog estimates could lead to over £3 Billion in compensation for Uk Consumers.
The British Bankers’ Association (BBA) trade body failed to overturn Financial Services Authority (FSA) rules that force banks to contact and compensate those mis-sold PPI even where no complaint has been made.
The banks have lost a High Court judicial review concerning the mis-selling of Payment Protection Insurance.
The British Bankers' Association (BBA) trade body failed to overturn Financial Services Authority (FSA) rules that force banks to contact and compensate those mis-sold PPI – to cover loan and credit card payments if you cannot work – even where no complaint has been made.
This victory for you the consumer could enable you to reclaim thouands of pounds in compensation.
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