B

Baroness Kramer (LD)

Speaking in the House of Lords on 22 June 2026

Debate

Financial Services and Markets Bill [HL]

Contribution

For absolute clarification, “fair and reasonable” must be interpreted by the FOS as a standard that is met if there is compliance with FCA rules. I just want to understand because we can then go back historically and see where FCA rules might not have been perceived as fair and reasonable. It is interesting.

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