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Violation Tracker UK Individual Case

Company: Barclays Bank UK plc
Current Parent CompanyBarclays
Parent at the Time of the Penalty Announcement: Barclays
Penalty: £0
Year: 2018
Date: 6 August, 2018
Offence Group: consumer-protection-related offences
Offence Type: insurance violation
Violation Description: The CMA issued legally binding directions to Barclays to put in place procedures to ensure accurate payment protection insurance reminders were sent, after finding no annual reminders were sent to some customers with PPI. The company was refunding customers with £336,000 returned so far.
Action Type: agency action
Agency: Competition and Markets Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data(click here)