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Ombudsman Regulatory Requirements United Kingdom

A&O Shearman

Mansion House: FOS to reduce interest rate applied before a decision to base rate plus 1%

A&O Shearman on

The UK Financial Ombudsman Service (FOS) has published a final policy statement and accompanying press release, confirming that the FOS is changing the interest rate applied to compensation awards to a time-weighted average...more

A&O Shearman

UK FOS new charging structure applied

A&O Shearman on

The UK Financial Ombudsman Service (FOS) has updated its webpage confirming that the new charging structure, which includes charges for professional representatives referring cases, now applies. The changes have been made in...more

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