Source · National Audit Office

Financial services: regulation, redress and advice overview 2014

Published: 27 Feb 2015 Type: Value for Money Department: HM Treasury

This guide is designed to provide a quick and accessible overview of the financial services regulation, redress and advice bodies, using our published work. It covers: • The responsibilities 5 financial services regulation, redress and advice bodies and how they spend their money • Interaction and cooperation between the 5 bodies • Our recent findings and future challenges for the …

Dept: HM Treasury Topics: Business and industryCommercial and regulationRegulation nao.org.uk →

Summary

This guide is designed to provide a quick and accessible overview of the financial services regulation, redress and advice bodies, using our published work. It covers:
• The responsibilities 5 financial services regulation, redress and advice bodies and how they spend their money
• Interaction and cooperation between the 5 bodies
• Our recent findings and future challenges for the 5 bodies
• Case studies on the impact of payment protection insurance mis-selling on the Financial Ombudsman Service and the financial crisis on the Financial Services Compensation Scheme