The British Bankers Association (BBA) has commenced judicial review proceedings against the Financial Services Authority (FSA) in respect of its policy statement about how Payment Protection Insurance (PPI) complaints should be handled, and against the Financial Services Ombudsman (FOS) in respect of the guidance it uses when deciding PPI complaints. The BBA argue that the FSA and the FOS have exceeded their powers by relying on the FSA's high-level Principles for Business to establish standards for the sale of PPI and for how complaints should be decided.