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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 25 May 2018 - onwards
Version 3 of 3

62. Decisions of Ombudsman

DRAFT Text substituted 19. Amendment of section 62 of Principal Act of the Financial Services and Pensions Ombudsman (Amendment) Bill 2023 (stage updated 23 April 2024)

(1) Subject to the outcome of any appeal under Part 7 against a decision of the Ombudsman under section 61 or 62 in respect of a complaint, the decision is binding on any party to the complaint.

(2) Subject to subsection (3) the Ombudsman shall publish decisions made by him or her after the establishment day in relation to complaints concerning financial service providers and case studies in relation to complaints concerning pension providers in such a manner that -

(a) ensures that -

(i) a complainant shall not be identifed by name, address or otherwise,

(ii) a provider shall not be identified by name or address,

and

(b) ensures compliance with the Data Protection Regulation and the Data Protection Act 2018.