Brief

On 26/07/2022, the Financial Conduct Authority and Financial Ombudsman Service issued a joint call for input to modernise the redress system. The organisations aim to improve consumer outcomes and provide stability for firms to invest and innovate through improved cooperation with industry and consumer groups. This initiative follows the Chancellor's calls for greater regulatory predictability to support UK growth and international competitiveness, as outlined in their response to Mansion House.

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Financial Conduct Authority

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