Your Compensation is Cancelled – Please See Airline September 12, 2015
Posted by Audit Monkey in The State of the British Nation.Tags: CAA, EU flight delay compensation, EU laws, FCA, Financial Services Ombudsman, flight delay claims, FSCS, industry regulation, Mark Frary, PRA, regulation, toothless CAA
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In the recent decade, we have witnessed the huge growth of regulation in Financial Services (FS). While other industries in the UK are regulated, such as telecoms, water, food and travel, the level of regulation of these industries has been light as these industries are, to a degree, self-regulating. If you don’t like your mobile phone company, you can switch. If the water company doesn’t treat the water properly, there would be an endemic. (I’ll ignore the fact untreated sewage is dumped into the Thames but still.) You get the gist.
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