Article Tag: Financial Ombudsman Services

Greater access to the Financial Ombudsman Service: What this means for SMEs

On 16 October 2018, the Financial Conduct Authority (FCA) published ‘near-final’ rules confirming its intention to extend access to the Financial Ombudsman Service (FOS) to more small and medium-sized enterprises (SMEs). What does this mean for SMEs? Currently, the FOS only accepts complaints from “micro-enterprises”, which covers those businesses with an annual turnover of up… Read more »