Article summary
The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and the Bank of England (the Regulators) have launched a joint consultation paper (FCA—CP20/11 and PRA—CP8/20) on Complaints against the Regulators under the Financial Regulators’ Complaints Scheme (the Scheme). The Regulators are proposing a revised version of the Complaints Scheme which is more user friendly, using plain language to make it more accessible. The closing date for responses to this consultation is 14 September 2020.
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