FCA grants more SMEs access to FOS


The Financial Conduct Authority (FCA) has confirmed plans to widen access to the Financial Ombudsman Service (FOS) for more SMEs.

The watchdog consulted on its proposals in January 2018.

According to the FCA respondents strongly supported the suggested extension and provided valuable feedback on the tests for what constitutes an SME that is able to use the ombudsman service.

It has now published near-final rules so the FOS can start putting necessary measures in place.

The regulator

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: