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FSA clarifies ICOBS rules in response to Competition Commission's final report into payment protection insurance (PPI) market
- Edwards Wildman Palmer LLP
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- United Kingdom
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- February 13 2009
In response to the Competition Commission's (the Commission) final report into the PPI market which was published on 29 January 2009 (see our previous blog here), the Financial Services Authority (FSA) has considered the measures proposed by the Commission and as a result has clarified its own handbook rules for a firm selling PPI contained in the Insurance Conduct of Business sourcebook (ICOBS
Competition Commission (CC) publishes final report into payment protection insurance (PPI) market
- Edwards Wildman Palmer LLP
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- United Kingdom
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- February 13 2009
The CC's Final Report (the Report) was published on 29 January 2009 and sets out the measures it feels are necessary to enhance the competitiveness of the PPI market
Competition Commission (CC) publishes its proposals to increase competition in the payment protection insurance (PPI) market - the provisional decision
- Edwards Wildman Palmer LLP
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- United Kingdom
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- November 24 2008
The Office of Fair Trading, on 7 February 2007, referred the supply of PPI to non-business customers in the UK to the CC
Competition Commission consults on changes to the way retail payment protection insurance is sold
- Edwards Wildman Palmer LLP
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- United Kingdom
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- August 2 2010
On 29 July 2010, the Competition Commission published for consultation its provisional decision on remedies in relation to retail payment protection insurance (PPI
Antitrust and banking in the EU - UK update
- Edwards Wildman Palmer LLP
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- European Union, United Kingdom
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- June 23 2010
Although it has only been two months since our client advisory, Banking in the Antitrust Crosshairs, a number of developments have occurred in the UK since the general election on 6 May and an update is necessary
Banking in the antitrust crosshairs - the EU situation
- Edwards Wildman Palmer LLP
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- European Union, United Kingdom
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- April 16 2010
The financial crisis and the resulting recession have led to increased consolidation in the banking sector across the world, as failing banks have been acquired by stronger institutions or the state itself
Regulation - the British Insurance Brokers Association response to the Competition Commission's decision on Payment Protection Insurance
- Edwards Wildman Palmer LLP
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- United Kingdom
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- July 6 2010
The British Insurance Brokers Association (BIBA) has written a letter dated 24 June 2010 responding to the Competition Commission's (CC) provisional decision of 14 May 2010 in relation to how Payment Protection Insurance (PPI) is sold
Financial Services Authority confirms payment protection insurance measures
- Edwards Wildman Palmer LLP
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- United Kingdom
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- August 13 2010
On 10 August 2010, the Financial Services Authority published a Policy Statement confirming its package of measures to protect consumers of payment protection insurance (PPI
The Financial Services Authority introduces temporary PPI rule
- Edwards Wildman Palmer LLP
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- United Kingdom
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- June 17 2010
The Financial Services Authority (the FSA) has recently announced a temporary rule which will allow customers with complaints about the purchase of a payment protection insurance (PPI) policy more time within which to refer it to the Financial Ombudsman Service (the FOS
Competition Commission confirms its point of sale prohibition in respect of payment protection insurance
- Edwards Wildman Palmer LLP
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- United Kingdom
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- November 3 2010
In a report published in January 2009, the Competition Commission proposed a prohibition on the sale of payment protection insurance policies (PPI) at the point of sale (see our earlier blogs on the topic, including here
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