Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the adequacy of the powers of the Financial Ombudsman Service to require companies to pay compensation to customers.

Answered by Bim Afolami

Parliament set up the Financial Ombudsman Service (FOS) to decide complaints quickly as an alternative to the courts – not to act as a law enforcer. However, firms that are regulated by the Financial Conduct Authority (FCA) are required under the FCA’s rules to co-operate with the ombudsman.

Following a consumer’s acceptance of the ombudsman’s final decision, this becomes binding on the firm. Firms are required to comply promptly with any decision that ombudsmen may make, including decisions on compensation.
If a firm fails to comply with the Ombudsman's decision, under the legislative framework, a complainant can enforce the decision through the courts. A money award can be recovered by execution of a county court order, while compliance with a direction is enforceable by way of an injunction. This does not require the merits of the case to be considered again by the court.

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will take steps to require Ascot Lloyd to pay the amount of compensation to customers recommended by the Financial Ombudsman Service.

Answered by Bim Afolami

Parliament set up the Financial Ombudsman Service (FOS) to decide complaints quickly as an alternative to the courts – not to act as a law enforcer. However, firms that are regulated by the Financial Conduct Authority (FCA) are required under the FCA’s rules to co-operate with the ombudsman.

Following a consumer’s acceptance of the ombudsman’s final decision, this becomes binding on the firm. Firms are required to comply promptly with any decision that ombudsmen may make, including decisions on compensation.
If a firm fails to comply with the Ombudsman's decision, under the legislative framework, a complainant can enforce the decision through the courts. A money award can be recovered by execution of a county court order, while compliance with a direction is enforceable by way of an injunction. This does not require the merits of the case to be considered again by the court.

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether the proposed statutory guidance on the implementation of low traffic neighbourhoods will apply to existing trial schemes.

Answered by Guy Opperman

The Department's statutory guidance on implementing Low Traffic Neighbourhoods (LTNs) will apply to new and existing LTN schemes once it is published in final form this summer. Its purpose is to set out the Department’s expectations for comprehensive local engagement; both before new schemes are implemented, and on an ongoing basis for existing schemes. This is to ensure the needs of communities and road users are properly considered.

The Department will not support LTNs unless they are designed and delivered in line with the eventual, finalised statutory guidance; and reserves the right to take further action if local authorities do not follow it.

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Found: Jacob Rees-Mogg said that the Government would appoint 1,000 extra peers to get their legislation through

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Andrew Rosindell Dr Matthew Offord Mr Marcus Fysh Lee Anderson Sir William Cash Lia Nici Sir Jacob

Found: Rees-Mogg Sir Desmond Swayne Gordon Henderson Wera Hobhouse Danny Kruger Damian Green Dame

Found: Quince Suella Braverman Sir Peter Bottomley Andrew Lewer Sally-Ann Hart Bob Blackman Sir Jacob

Found: Rees-Mogg Fiona Bruce Dame Margaret Hodge Kevin Foster Lloyd Russell-Moyle Mr Rob Roberts

Found: Rees-Mogg Fiona Bruce Dame Margaret Hodge Kevin Foster Lloyd Russell-Moyle Mr Rob Roberts

Found: Rees-Mogg Fiona Bruce Dame Margaret Hodge Kevin Foster Lloyd Russell-Moyle Mr Rob Roberts

Found: Rees-Mogg Fiona Bruce Dame Margaret Hodge Kevin Foster Lloyd Russell-Moyle Mr Rob Roberts