This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Cardif Pinnacle, Lloyds, Nationwide criticized by UK CMA over PPI failures

( July 8, 2020, 09:33 GMT | Official Statement) -- MLex Summary: Cardif Pinnacle, Lloyds and Nationwide have been criticized by the UK competition regulator over Payment Protection Insurance failures. Cardif Pinnacle received legally binding directions from the Competition and Markets Authority, which ordered it to appoint an independent body to audit its PPI processes. The CMA also sent letters to Lloyds and Nationwide over breaches of the agency's PPI measures set out in 2011. Statement follows. The letters are attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login