Treasury written question – answered at on 19 December 2012.
To ask the Chancellor of the Exchequer
(1) what consideration he has given to the involvement of the Financial Ombudsman Service in dealing with complaints about interest rate hedging products as part of an independent appeals process resulting from the current review arrangements by the Financial Services Authority; and if he will make a statement;
(2) when he expects the full review by the Financial Services Authority into the sale of interest rate hedging products to be completed; and if he will make a statement.
The FSA has been in discussions with the Financial Ombudsman Service with regard to complaints about interest rate hedging products.
The FSA has confirmed that the full review process will begin by
Yes0 people think so
No1 person thinks not
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