Wider implications framework report published

The financial services regulatory family, which includes the Financial Ombudsman Service (FOS), the Financial Conduct Authority (FCA), Financial Services Compensation Scheme (FSCS), The Pensions Regulator (TPR), and Money and Pensions Service (MaPS), have published their Wider Implications report for 2022. The report highlights the issues dealt with over 2022, including FOS’ preparedness for the Consumer Duty, and highlights what has been achieved by the regulatory family over the last 12 months through engagement and collaboration.

Source: FOS