B3 Consumer Protection In Relation To Personal Finance Flashcards
1
Q
What does FCA stand for?
A
Financial conduct authority
2
Q
What does FOS stand for?
A
Financial ombudsman services
3
Q
What does FSCS stand for?
A
Financial service comprehension scheme
4
Q
What is the FCA?
A
An independent organisation with remit to regulate the actions of providers of financial services
5
Q
What is the FOS?
A
An organisation appointed by the government to represent the interests of the consumer in disputes with financial service providers
