Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

Exciting isn't it lol

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

I doubt it, there will be a feed if theres a public room but after the cock up with bank charges where the public rooms werent actually used much I expect it will just be the journos and public in the court room....theres quite a lot of space.

We'll hear soon as there is a break and am keeping an eye on twitter, if the judge lets the journos twitter stuff out.

[Chip Tuesday]

Re: Latest updates on PPI Judicial Review and claims on hold

indeed, although if it's a break, shouldn't they be allowed to tweet their little hearts out?

CT

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

Having said that EXC just called and said they may not get in, t'is a tad busy.

[Chip Tuesday]

Re: Latest updates on PPI Judicial Review and claims on hold

That's good news in one sense, at least people are taking notice of the jr, but I really hope EXC gets in, fingers well and truely crossed

CT

[leclerc]

Re: Latest updates on PPI Judicial Review and claims on hold

Having said that EXC just called and said they may not get in, t'is a tad busy.

Tell him to bribe the people at the door cos otherwise it's a conspiracy .

[Chip Tuesday]

Re: Latest updates on PPI Judicial Review and claims on hold

are there any feeds that look like they're coming out of the courtroom direct?

CT

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

And while we wait.... in other news

FSA/PN/011/2011
25 January 2011
The Financial Services Authority (FSA) has today published a discussion paper to open a public debate about how the FSA, and in future the proposed Consumer Protection and Markets Authority (CPMA), should pursue the objective of consumer protection and specifically the issue of product intervention.
As part of its new consumer protection strategy introduced last year, the FSA has already introduced a more interventionist approach with the aim of anticipating consumer detriment where possible and stopping it before it occurs. The approach aims to reduce consumer detriment by dealing with problems earlier, scrutinising the whole of the product lifecycle from start to finish rather than just focusing on the point-of-sale.
The paper outlines how the FSA has already begun to make a significant shift towards a more interventionist approach with tighter supervision of the governance of product development. But it also sets out a range of future interventions that could be introduced in areas where the potential for customer harm is greatest. These might include interventions such as banning products or prohibiting the sale of certain products to specific groups of customers.
In the foreword to the discussion paper, FSA chairman, Lord Turner, said:
"The crucial issue is how far along this spectrum of earlier and more intense interventions we should progress. This debate comes at a critical time as the scope and powers of the CPMA are being discussed by the government, parliament and stakeholders. It is fundamental to shaping the regulatory philosophy of the new organisation."
"Our analysis has led us to the conclusion that a significant shift in approach is required but there are important tradeoffs to be struck – between consumer protection and consumer choice, between effective regulation to prevent customer detriment and the costs that that will inevitably impose."
Notes to editors

1. The Product Intervention Discussion Paper can be found on this website. The consultation period will end on 21 April 2011.
2. The FSA regulates the financial services industry and now has four objectives under the Financial Services and Markets Act 2000: maintaining market confidence; securing the appropriate degree of protection for consumers; fighting financial crime; and contributing to the protection and enhancement of the stability of the UK financial system

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

Nope nothing, but Crousely has recently had a flid about people twittering from within the court room even though lord justice overruled him, we'll hear at first break. I'm assuming they got in as havent heard since half ten......

predictions ? JR dismissed against FOS, allowed against FSA ..... lol

[leclerc]

Re: Latest updates on PPI Judicial Review and claims on hold

Appeals against decision is my prediction

[mishawest]

Re: Latest updates on PPI Judicial Review and claims on hold

Does anybody know where I can get updates other than on this fantastic website?

[Chip Tuesday]

Re: Latest updates on PPI Judicial Review and claims on hold

no such luck mishawest! I have signed up to Twitter specifically to follow live tweets on the JR, but nothing since the imaginative tweet from the BBA this morning saying that they were heading to court.

As for predictions I think Ame is bang on, I think the FSA will have to fight it out, but I think the BBA will have to admit their stupidity in dragging the FOS into things and the hearing will not allow that branch of the argument.

CT

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

Which? have a guy there, citywire and BBC are there, probably channel 4, but we';re more obsessed lol.

Lots of claims companies retweeting the fact that the hearing is on today on Twitter but not a lotof substance that I can see. But ss I say EXC will call at the first break - it may not be till lunch though.

[mishawest]

Re: Latest updates on PPI Judicial Review and claims on hold

ah right so BBA have to audacity to spend their time tweeting - should be fun - has anybody managed to get in from LB?

[Amethyst]

Re: Latest updates on PPI Judicial Review and claims on hold

EXC, Tom Brennan and possibly Pompeyfaith are there, and I assume they got in as I haven;t heard from them since it began at 10.30. We do like a day out lol.

Brian Mairs twittered on his way to the court, not from inside - he;s a good guy at the BBA and extremely funny.