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Trade Credit. Credit Risk. Car Finance. The CS Interview. Enter a search term. C Intelligence. All events. Events news. Shop for events. PPI campaign saw nearly 50m deluge of enquiries into lenders. In August, the final month, the FCA saw unprecedented volumes, with complaints increasing to 1. Add New Comment. You must be logged in to comment. Big fine for PPI claims company A claims management company has become the first to be fined by the City regulator for misleading its customers.
The Financial Conduct Authority FCA said that PPC used the logos of five leading banks on its literature, leading customers to think they were submitting claims for mis-sold payment protection insurance PPI directly to the banks, instead of through PPC, a third party, that was taking a cut.
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