DISP INTRO Introduction

This part of the FCA Handbook sets out how complaints are to be dealt with by respondents (firms, payment service providers, electronic money issuers, CBTL firms, designated credit reference agencies, designated finance platforms and VJ participants) and the Financial Ombudsman Service.

It refers to relevant provisions in the Act and in transitional provisions made by the Treasury under the Act. It includes rules and directions made by the FCA and rules made (and standard terms set) by FOS Ltd with the consent or approval of the FCA.

The powers to make rules and directions (or set standard terms) relating to firms, payment service providers, electronic money issuers, CBTL firms, designated credit reference agencies, designated finance platforms and VJ participants derive from various legislative provisions; but the rules (and standard terms) have been co-ordinated to ensure that they are identical, wherever possible.

Chapter 1: Treating complainants fairly

DISP 1 contains rules and guidance on how respondents should deal with complaints promptly and fairly, including complaints that could be referred to the FOS.

Chapters 2 - 4: The Financial Ombudsman Service

Chapters 2, 3 and 4 set out how the Financial Ombudsman Service (operated by FOS Ltd) considers unresolved complaints.

Chapter 2 sets out the scope of the Financial Ombudsman Service's two jurisdictions:

• • the Compulsory Jurisdiction; and
• • the Voluntary Jurisdiction.

The scope of the two jurisdictions is defined by: the type of activity to which the complaint relates; the place where the activity took place; the eligibility of the complainant; and the time limits for referring a complaint to the Financial Ombudsman Service.

Chapter 3 sets out the procedures of the Financial Ombudsman Service, including consideration and determination of complaints and how the Financial Ombudsman Service deals with information received.

Chapter 4 sets out the terms under which VJ participants participate in the Voluntary Jurisdiction.

Appendix 1: FCA’s guidance on handling mortgage-endowment complaints

This appendix contains the FCA's guidance to firms on handling complaints relating to mortgage endowments.

Appendix 3: FCA’s rules and guidance on handling payment protection insurance complaints

This appendix sets out the approach which firms should use when handling complaints relating to the sale of payment protection contracts.

Financial Ombudsman Service fees

The rules on fees charged in respect of the Financial Ombudsman Service are in Chapter 5 of the Fees manual.