Parliament Treasury Committee advises FCA it doubts that FOS is ready to take on disputes for SMEs yet

The FCA wants the FOS to take on dispute resolution for small and medium size enterprises (SMEs).   However recently the Committee took evidence from FOS about an Independent Review of FOS which resulted from criticism of the service in a Dispatches TV documentary.  At this meeting FOS was asked some questions about the situation regarding SMEs and as a result of what they heard, the Chair of the Treasury Committee, Nicky Morgan, has written to the FCA with concerns.

Treasury Committee letter to FCA

Independent report on FOS in full

Treasury Committee hearing shown on Parliament TV 

Reuters

Professional Adviser

 



Categories: FCA, FOS

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