1. Home
  2. UK Finance Discussions
  3. Power of Financial Ombudsman

Power of Financial Ombudsman

We as a company resigned from The FSA 8 years ago.If a financial award is made against my firm by the Ombudsman on behalf of a person who has complained, what powers has the Ombudsman to enforce that award. Can the Ombudsman take me to court or is it up to the former client. I would like to think I could have my day in court to argue my own case. This may prove to be expensive but I feel it would be less bias and give me a fighting chance.

Any experience out there in this field?

Reply to
Seamonstie
Loading thread data ...

Does the FOS have jurisdiction to consider complaints against a firm which resigned in 1996 ?

Reply to
Rhoy the Bhoy

Does the FOS have jurisdiction to consider complaints against a firm which resigned in 1996 ?

(uk.legal added)

Reply to
Rhoy the Bhoy

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.