Violation Tracker UK Individual Case

Company: Lloyds TSB Bank Plc et al.
Current Parent Company: Banco de Sabadell
Penalty: £4,315,000
Year: 2013
Date: 15 February, 2013
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Lloyds Banking Group paid a £4.3 million fine in settlement of a finding by the FSA that the companies failed to repay compensation for mis-selling Payment Protection Insurance in a timely manner.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
HQ Country of Parent: Spain
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data: (click here)