Violation Tracker UK Individual Case

Company: Lloyds Banking Group
Current Parent Company: Lloyds Banking Group
Penalty: £0
Year: 2018
Date: 4 October, 2018
Offence Group: consumer-protection-related offences
Offence Type: insurance violation
Violation Description: The CMA issued legally binding directions to Lloyds Bank to put in place procedures to ensure accurate payment protection insurance reminders were sent, after finding no or incorrect annual reminders were sent to customers with PPI.
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)