Review will look at role of watchdog and FSCS in crisis

York, Nicola
July 2009
Money Marketing;7/16/2009, p24
The article reports on the review of the Financial Services Compensation Scheme Ltd. (FSCS) and Financial Ombudsman Service Ltd.'s (FOS) role in Great Britain. It mentions that the purpose of the said review is to assess the accountability and governance condition of the two organizations amidst the global financial crisis. Moreover, the British government assures that the said review will not yield negative effect to the independence of these organizations, in terms of their respective role.


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