This petition was submitted during the 2015 to 2017 Parliament
Closed petition Establish a Financial Services Tribunal to resolve customer disputes.
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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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This petition will stay open until 3 May 2017.