DISP 3.1 Purpose, interpretation and application
Purpose
The purpose of this chapter is to set out:
- (1)
the procedures of the Financial Ombudsman Service for investigating and determining complaints;
- (2)
the basis on which the Ombudsman makes decisions; and
- (3)
Interpretation
In this chapter, 'out of jurisdiction' means outside the Compulsory Jurisdiction and the Voluntary Jurisdiction in accordance with DISP 2.49
510Where the respondent is a partnership (or former partnership), it is sufficient for the Ombudsman to communicate with one partner (or former partner).49
The Ombudsman Transitional Order and the Claims Management Order6 requires the Financial Ombudsman Service to complete the handling of relevant existing complaints and relevant existing claims management complaints6, in a significant number of respects, in accordance with the requirements of the relevant former scheme rather than in accordance with the requirements of this chapter.49
Application
This chapter applies to the Ombudsman and to respondents.49
7This chapter applies to a TP firm. This rule demonstrates the contrary intention under GEN 2.2.26R.