Source · Select Committees · Financial Services Regulation Committee
Recommendation 33
33
Paragraph: 174
The FCA’s and FOS’s response to their joint call for input to modernise the redress...
Conclusion
The FCA’s and FOS’s response to their joint call for input to modernise the redress system and the Government’s review of the FOS must both result in minimising, if not eliminating entirely, the current uncertainty and unpredictability caused by the FOS’s powers and discretion.
Paragraph Reference:
174
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗