Submitted on Thursday 15th December 2016
Published on Tuesday 20th December 2016
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 68
Establish a Financial Services Tribunal to resolve customer disputes.
Major banks and other financial services institutions are often in dispute with customers who deserve protection. Access to court is costly. The FOS ombudsman scheme is inadequate. The FCA is not equipped to resolve disputes. Tribunals offer scrutiny, justice and censure which deters misconduct.
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