Compensation agreed for victims of CPP mis-selling
Following the latest mis-selling scandal to hit the UK financial services sector, the Financial Conduct Authority (FCA) has announced that it has reached an agreement with Card Protection Plan Limited (CPP) and 13 high street banks and credit card issuers over compensation to customers who were mis-sold CPP’s Card Protection and Identity Protection policies. The […]
Collective redress mechanisms advisable, says EU
The European Commission has set out a series of common, non-binding principles for collective redress mechanisms in the Member States so that citizens and companies can enforce the rights granted to them under EU law where these have been infringed. The Recommendation aims to ensure a coherent horizontal approach to collective redress in the European […]