FCA Issues First-Ever CMC Fine — PPC Fined £70,000 for Misleading Consumers
Professional Personal Claims (PPC) received the FCA’s first enforcement action against a claims management company. PPC was fined £70,000 for using misleading websites displaying logos of five major banks, causing consumers to believe they were submitting PPI claims directly to their banks rather than through a third-party CMC. Sources FCA fines PPC for misleading consumers and banks
