i-law

Compliance Monitor

FSA thinks again about handling complainants

In PS07/9 on the revised rules for dealing with complainants, the FSA has listened to feedback and decided not to pursue four rule proposals as originally envisaged in CP06/19; they are: the provision of complaints process information at point of sale; the indication of ultimate availability of the Financial Ombudsman Service (FOS) at the point of sale and in letters that acknowledge complaints; the emphasising and recasting of the rule, not often used, under which respondents are able to close complaints if they obtain written acceptance of their responses from the complainants; and the suggested amendments to the complaints forwarding rules.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.