Written question asked by Jonathan Reynolds (Labour) on Tuesday, 24 May 2016, in the House of Commons. It was due for an answer on Monday, 6 June 2016 (named day). It was answered by Harriett Baldwin (Conservative) on Monday, 6 June 2016 on behalf of the Treasury.
Financial Ombudsman Service
- Question
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To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of extending the time limit that consumers can make a complaint to the Financial Ombudsman Service.
- Answer
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The Financial Services and Markets Act 2000 provides for the Financial Conduct Authority (FCA) to determine the time limits for referring a complaint to the Financial Ombudsman Service (FOS).
This is therefore a matter for the FCA, who are operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.
Secondary information
- Type
- Written question
- Reference
- 38308
- Session
- 2016-17
- Subjects
- Financial Ombudsman Service
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-08-11 14:43:54 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2016-17/38308
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2016-17/38308
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