Financial Ombudsman Scheme definition

Financial Ombudsman Scheme means a scheme for the resolution of disputes between an eligible complainant and a financial service provider in respect of financial services or products;
Financial Ombudsman Scheme or “FOS” means the financial ombudsman scheme approved by Bank Negara Malaysia under subsection 126(2) of the Financial Services Act 2013 and subsection 138(2) of the Islamic Financial Services Act 2013 for the resolution of Disputes;
Financial Ombudsman Scheme means a financial ombudsman scheme approved under subsection 126(2) of the Financial Services Act 2013 [Act 758] or subsection 138(2) of the Islamic Financial Services Act 2013.

Examples of Financial Ombudsman Scheme in a sentence

  • PayPal is a member of the Financial Ombudsman Scheme approved by Bank Negara Malaysia.

  • In the case of a dispute or conflict, you are entitled to seek recourse via the industry mediation and arbitration bodies such as the Financial Ombudsman Scheme.

  • It enables the Financial Ombudsman Scheme to cover complaints about earlier events relating to those activities before they became regulated activities.

  • I may have no right to complain to either of the following: The Financial Conduct Authority; or The Financial Ombudsman Scheme.

  • It should be noted, however, that Retail Clients of Rothschild & Co Bank International Limited (acting as investment manager) do not have the benefits of the UK’s Financial Ombudsman Scheme or the UK’s Financial Services Compensation Scheme.

  • If the complaint is not resolved to your satisfaction you have recourse to the Financial Ombudsman Scheme (xxx.xxxxxxxxx-xxxxxxxxx.xxx.xx/XXX).

  • Ombudsman’s AwardsIn addition the Insured is indemnified up to the Indemnity limit in respect of any award made by an ombudsman in respect of any case accepted by the ombudsman for review in his position as ombudsman pursuant to the Financial Ombudsman Scheme contained in the FSA Handbook and first notified by the ombudsman to the Insured during the Period of insurance.

  • Where we recommend an unregulated investment/ product then we will confirm to you that the FCA does not regulate the investment/product and therefore you may not be afforded the protections from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

  • Taking your complaint to the Financial Ombudsman Scheme will not affect your statutory rights.

  • Ombudsman’s AwardsIn addition the Insured is indemnified up to the Indemnity limit in respect of any award made by an ombudsman in respect of any case accepted by the ombudsman for review in his position as ombudsman pursuant to the Financial Ombudsman Scheme contained in the FSA Handbook and first notified by the ombudsman to the Insured during the Period of insurance.All other terms and conditions of this Policy remain unaltered.


More Definitions of Financial Ombudsman Scheme

Financial Ombudsman Scheme means a financial ombudsman scheme approved by the Bank pursuant to the Financial Services Act 2013 and Islamic Financial Services Act 2013 and operated by the OFS.
Financial Ombudsman Scheme means a inancial ombudsman scheme approved by the Bank pursuant

Related to Financial Ombudsman Scheme

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • Free appropriate public education means special education and related services that:

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • Railway Group Standards means standards authorised pursuant to

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Motorsport Australia means the Confederation of Australia Motor Sport Ltd. trading as Motorsport Australia;

  • StarCompliance Code of Ethics application means the web-based application used to electronically pre-clear personal securities transactions and file many of the reports required herein. The application can be accessed via the AB network at: https://alliance-ng.starcompliance.com/.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Managed care plan means a health benefit plan that either requires a covered person to use, or creates incentives, including financial incentives, for a covered person to use health care providers managed, owned, under contract with or employed by the health carrier.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Air Standards Manager means the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, or any other person who represents and carries out the duties of the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, as those duties relate to the conditions of this Certificate.

  • Financial Management Manual means the Financial Management Manual, referred to in paragraph B of Schedule 4 to this Agreement, that sets out the financial and accounting arrangements for Implementing Partners and the Recipient’s entities, in form and substance satisfactory to the Association;

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • Environmental and Social Management Plan or “ESMP” means a site-specific environmental and social management plan to be prepared in accordance with the parameters laid down in the ESMF and acceptable to the Association, setting forth a set of mitigation, monitoring, and institutional measures to be taken during the implementation and operation of the Project activities to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels, and including the actions needed to implement these measures.

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Insurance Affordability Program means a program that is one of the following:

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • Environmental and Social Management Framework or “ESMF” means the framework disclosed in country on September 13, 2010 and at the Association’s Infoshop on September 14, 2010, in form and substance satisfactory to the Association, setting out modalities to be followed in assessing the potential adverse environmental and social impact associated with activities to be implemented under the Project, and the measures to be taken to offset, reduce, or mitigate such adverse impact.

  • Managed Care Plans means all health maintenance organizations, preferred provider organizations, individual practice associations, competitive medical plans and similar arrangements.