CeMAP - Certificate in Mortgage Advice and Practice Practice Test
CeMAP Consumer Protection and Regulatory Compliance
What is the primary role of the Financial Ombudsman Service (FOS)?
Select your answer
A
To regulate financial firms and set industry standards
B
To resolve disputes between consumers and financial firms
C
To compensate consumers when firms become insolvent
D
To prosecute firms that breach FCA regulations
Hint