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  1. Point in time
    2005-01-15

DISP 5.2 Purpose

DISP 5.2.1G

The purpose of this chapter is to set out the requirements on firms to pay annual fees (through a general levy and supplementary levy invoiced and collected by the FSA on behalf of FOS Ltd) and case fees (invoiced and collected directly by FOS Ltd) in order to fund the operation of the Financial Ombudsman Service. This chapter also contains a requirement on firms to pay a supplementary levy towards the costs of establishing the Financial Ombudsman Service.1 It also provides for unauthorised persons to pay case fees to FOS Ltd in respect of any relevant complaints which it handles.