Dispute Resolution: The talking cure
Mediation has been available in a large number of the FSA enforcement cases over the past two years, although the uptake has been slow. But is anything to be gained from such a close encounter with the regulator? David Scott and Kate Studholme report
In 2000, the Financial Services Authority (FSA) announced that it was to launch a mediation scheme for those it regulated. The scheme was expected to result in the faster and more effective resolution of disputes between the regulator and its subjects and was extended, in February this year, to encompass all those under its jurisdiction, excepting those that are the subject of a criminal case.
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