Banks ordered to undertake review of PPI sales

The Central Bank has ordered seven financial institutions to conduct a comprehensive review of the way they sold Payment Protection Insurance (PPI).

Mon, 02 Jul, 2012 - 13:18

The Central Bank has ordered seven financial institutions to conduct a comprehensive review of the way they sold Payment Protection Insurance (PPI).

The review follows the Bank's latest inspection as part of the ongoing investigation of the sale of PPI, and is to take place on all sales since August 2007.

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