National Audit Office

Financial services: regulation, redress and advice overview 2014

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 …

Published 27 Feb 2015 Value for Money HM Treasury

Topics: Business and industry, Commercial and regulation, Regulation

Summary

The NAO's words
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

Recommendations

No recommendations are indexed here. The report itself may contain some: see the report on nao.org.uk, linked above.