Financial Services Group Review - June 2010

    View Authors June 2010

    FSA restates warning that firms may need to review their standard terms and conditions

    Introduction

    The FSA has recently re-emphasised (in a Regulation round-up dated 18 June 2010) the need for firms to review their standard contract terms and conditions to ensure their customers are not being requested to confirm that they had read and understood the terms of a contract which they may not have any real awareness of. If the FSA finds that a term is unfair it will not be enforceable against the customer.