Financial Services Tribunal Reference

Figures current at 29 September 2026. Source: TradeAnswers.

What can be taken there
DecisionByReviewable
Administrative penaltyFSCAYes
DebarmentFSCA or an FSPYes
Licence refusal, suspension or withdrawalFSCAYes
A directiveFSCAYes
An ombud determinationFAIS Ombud and othersYes
Prudential decisionPrudential AuthorityYes
How it works
ItemRule
Time limitThirty days from the decision or its reasons
StandingA person aggrieved by the decision
First stepAsk the decision maker for reasons
SuspensionThe decision may be suspended pending reconsideration
CostNo fee to apply
RepresentationLegal representation allowed, not required
What it can decide
OutcomeEffect
Uphold the decisionIt stands
Set it asideThe decision falls away
Remit itSent back to the decision maker to redo
Substitute itOnly in limited circumstances
Further appealTo the High Court on a question of law

Data maintained by TradeAnswers · updated as the figures change