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Violation Tracker UK Individual Case

Company: Lloyds Banking Group
Current Parent CompanyLloyds Banking Group
Penalty: £0
Year: 2021
Date: 9 September, 2021
Offence Group: financial offences
Offence Type: banking violation
Violation Description: The CMA wrote to Lloyds about a breach of the PPI Order by failing to include the monthly PPI benefit value figures in PPI Annual Reviews relating to some of its AXA (TSB) Mortgagesure PPI policies. Given action already taken by Lloyds, no further formal enforcement action had been taken at present.
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)