There is a deceptively technical reform moving through HM Treasury that may prove to be one of the most consequential changes to the UK’s financial regulatory architecture in a decade. Framed as a recalibration of the relationship between the FCA and the Financial Ombudsman Service (FOS), the proposed legislation
Rewriting fairness: The quiet power shift in UK financial redress
UK FOS overhaul is not a retreat from the politics of redress. It is a repositioning.