Author: David Bowden, Sole Practitioner, David Bowden Law Ocean Finance (a UK loan broking company) set up a Jersey company (Alabaster) to provide advertising services to Ocean Finance. There was a service agreement between the 2…Read More
The Financial Conduct Authority (FCA) has announced a deadline for claiming compensation over mis-sold Payment Protection Insurance (PPI). The FCA have given the public two years to make a claim as the cut off point…Read More
The PPI deadline is looming. Between October and December 2016, over 36,000 rejected PPI claims were submitted to the Financial Ombudsman Service (FOS). Payment Protection Insurance is the most complained about product, with around 44%…Read More
In 2006, changes were made to the law to better protect consumers who entered into credit agreements. One of the changes was the inclusion of an ‘Unfair Relationship Test’. This test considers whether the relationship…Read More