RegulationNov 15 2024

FCA seeks to fix problem of ‘mass redress events’

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FCA seeks to fix problem of ‘mass redress events’ — © REUTERSThe call for input seeks views from stakeholders on how the redress framework can better serve consumers and provide greater stability for firms to invest and innovate.

Tom Dunstan

The Financial Conduct Authority has launched a call for input on modernising the redress system - specifically to fix the issue of “mass redress events” such as the British Steel Pension Scheme issue.

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FCA seeks to fix problem of ‘mass redress events’

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