LONDON, May 27 (Reuters) - Britain's financial regulatorsaid on Wednesday that it would give its view on how complaintsabout mis-sold loan insurance are being handled in the summerand make clear what action it plans to take.
The Financial Conduct Authority (FCA) said in January thatit would consider imposing a deadline on customers claimingcompensation, potentially drawing a line under the country'scostliest consumer finance scandal.
Banks have so far set aside more than 26 billion pounds ($40.1 billion) in compensation.
($1 = 0.6479 pounds) (Reporting by Matt Scuffham, editing by Sinead Cruise)