CMA seeks fining powers as it orders Paymentshield to refund £380,000 to PPI customers
The Competition and Markets Authority is seeking the authority to impose financial penalties for breaches after it ruled Paymentshield must refund customers over £380,000 for payment protection insurance breaches between 2013 and 2019.
Hundreds of customers are being refunded after insurance company Paymentshield failed to send important information about PPI policies.
The Competition and Markets Authority issued Paymentshield with
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