After many months of consultation, the Financial Conduct Authority (FCA) has finally imposed a deadline for claiming back mis-sold PPI as the 29th August 2019. The FCA action is draw a line under the “biggest mis-selling scandal in UK banking history” which is estimated to end up costing the banks over £40bn as millions of customers have already come forward and claimed mis-sold PPI, with many millions more still left to make a PPI claim.