Tag: fos
Showing 12 out of 12 results
EEA UCITS operators take note: the Overseas Funds Regime to start by the end of 2026
The cost of 'doing the right thing'
FCA confirms final rules for new Consumer Duty and gives firms more time to comply
The FCA's proposed new 'Consumer Duty' – what does it mean?
The month ahead in financial services regulatory developments…
FCA consults on proposals to regulate claims management firms
The Financial Conduct Authority (FCA) has issued a joint consultation paper - Claims management: how we propose to regulate claims management companies …
High Court agrees FOS was not required to stay determination of complaints pending resolution of a related dispute
The High Court has refused an application for judicial review of the FOS by three IFAs who argued that the FOS ought to have stayed its determination of …
UK: FOS had no jurisdiction to deal with D&O complaint as director was not a "consumer" for the purposes of the DISP rules
In R (on the application of Bluefin Insurance Services Ltd) v Financial Ombudsman Service Ltd, the Administrative Court ruled on a judicial review that …
Banking Litigation update
We have published our latest Banking Litigation Update, summarising some of the more important cases and developments affecting UK financial institutions …
UK: "Topping up" of FOS awards through the courts not allowed: Court of Appeal overturns High Court decision
The Court of Appeal has handed down an important judgment holding that complainants who had accepted a Financial Ombudsman Service ("FOS") determination …
UK: Court of Appeal to consider availability of court action to top up FOS awards
The Court of Appeal has granted a firm permission to appeal a recent High Court decision which held that complainants who accept an award of compensation …
UK High Court rules that Ombudsman awards may be "topped up" through Court Action
The UK High Court has decided that a party who accepts a FOS determination awarding them the statutory maximum (now £150,000) can thereafter pursue claim …