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The Fair and Correct Foundation

The Financial Ombudsman Service: A Case Study in Systemic Failure and Wasted Resources

This investigation reveals a profound Financial Ombudsman Service (FOS) crisis. Manual processes that could be automated are consuming…

Jan 27

Jan 27

Financial Ombudsman Service Faces Renewed Criticism Over Efficiency and Transparency

LONDON, 19 January 2025 — The Financial Ombudsman Service (FOS), which resolves disputes between consumers and financial institutions, is…

Jan 19

Financial Ombudsman Service Faces Renewed Criticism Over Efficiency and Transparency

Jan 19

Transparency on Trial: Call for Answers on CySEC’s Actions

The Fair & Correct Foundation (TFACF) An Independent Watchdog Championing Accountability, Investor Protection, and Honest Financial…

Jan 19

A 900-page indictment, Repeated whistleblower alerts, Vanished police files. Despite all this evidence, the Cyprus Securities and Exchange Commission (CySEC) has imposed only nominal penalties on Pruden Ventures Capital Ltd — formerly QBF Investment Ltd and Constance Investment Ltd.

Jan 19

Is the FOS Dodging Accountability? Our Questions on Fraud & Money Laundering Remain Unanswered

We at THE FAIR AND CORRECT FOUNDATION LIMITED have been questioning the Financial Ombudsman Service (FOS) about its obligations under the…

Jan 10

Is the FOS Dodging Accountability on Fraud & Money Laundering? The Fair and Correct Foundation questions the Financial Ombudsman Service (FOS) about its compliance with Anti-Money Laundering (AML) regulations and its handling of fraud cases. Despite dealing with complex financial disputes, the FOS claims exemption from registration under Money Laundering Regulations (MLR) and avoids direct answers to critical questions about its AML obligations, fraud investigations, and cooperation with law enf

Jan 10

Scrutiny Over Financial Ombudsman Service’s Staff Qualifications and Training

The Financial Ombudsman Service (FOS) is under scrutiny regarding the qualifications, training, and competency of its staff. A recent…

Dec 30, 2024

Scrutiny of FOS Staff Qualifications & Training: FOI Request for Critical Insights: A glossy, square-like 3D structure in four vibrant colours — blue, red, yellow, and green — stacked diagonally. Layered structures reflect a system where internal protectionism may overshadow the consumers it serves — an imbalance the Fair and Correct Foundation (TFACF) is determined to expose and reform. The overlapping layers convey the complexity of institutional systems, hinting at the forthcoming revelations

Dec 30, 2024

The Fair and Correct Foundation

The Fair and Correct Foundation

The Fair and Correct Foundation drives systemic change, promotes justice, and protects consumer rights. https://fairandcorrect.org/

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