Home / Financial Services

Legal News

FCA publishes feedback statement on review of rules extending SME access to the FOS

Copyright © 2025 LexisNexis
Published on: 24 October 2023
Published by LNB News

LNB News 24/10/2023

Document Information

Issue Date: 24 October 2023

Published Date: 24 October 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA), following the introduction of rules extending access to the Financial Ombudsman Service (FOS) for more small and medium-sized enterprises (SMEs) in 2019 has concluded the review of their appropriateness and set out its findings in FS23/5: Review of rules extending SME access to the Financial Ombudsman Service.

Powered by Lexis+®
Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

Related documents:

1 Checklists
4 News
View More
7 Practice notes
View More
Powered by Lexis+®

Related documents:

1 Checklists
4 News
View More
7 Practice notes
View More

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an