Articles - BBA statement regarding Judicial Review


 The BBA said:

 "The BBA on behalf of its members judicially reviewed the FSA and the FOS regarding the retrospective elements in the proposed FSA rules for handling PPI complaints. The judgement was handed down on 20 April 2011 and found in favour of FSA and the FOS. The BBA was given until 10 May 2011 to appeal.

 "In the interest of providing certainty for their customers, the banks and the BBA have decided that they do not intend to appeal.

 "We continue to believe that there are matters of important principle which we will be taking forward in other ways with the authorities."

Back to Index


Similar News to this Story

Boomerangs barbecues and pensions
When compiling a list of Australian contributions to UK society, it’s unlikely that auto enrolment would rank above the usual suspects of boomerangs
COP28 may be do or die for one point five degree aspirations
With the UN’s annual climate conference kicking off today in Dubai, Ritchie Thomson, senior responsible investment associate at Aegon Asset Management
Oblivian Coalmine on pension funds fossil fuel industry ties
This new film from Make My Money Matter, starring the Academy Award winner Olivia Colman, highlights that £88 billion of UK pension savers money is in

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.