Written Question·Treasury·UIN 62253
Financial Ombudsman Service: Reviews
Tabled: 24 June 2025
Answered: 21 July 2025
Named DayQuestion
Mr Gagan Mohindra
Conservative — South West Hertfordshire
To ask the Chancellor of the Exchequer, what steps her Department is taking to preserve the protections afforded to victims of fraud through the Financial Ombudsman Service's fair and reasonable remit during the current review into that service.
Answer
Emma ReynoldsOn 15 July the government set out the conclusions and next steps of the Economic Secretary’s review of the Financial Ombudsman Service (FOS), which can be found here: https://www.gov.uk/government/consultations/fs-sector-strategy-review-of-the-financial-o...
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