Financial Ombudsman Service
Lords · Question HL15896 · Tabled 24 Mar 2026 · Treasury · Official record
Answered 9 Apr 2026
Question
Asked by Lord Cromwell
To ask His Majesty's Government what steps they are taking to ensure that Financial Ombudsman Service determinations do not impose new regulatory expectations on firms operating investment platforms or providing custody and administration services for Sel
Answer
Answered by Lord Livermore, 9 Apr 2026
The Government recently carried out a review of the Financial Ombudsman Service (FOS), and consulted on proposed changes to the statutory framework in which it operates. On 16 March, the Government published a response to its consultation on reforming the...