The House of Commons has published a briefing paper addressing common financial services questions.

The paper looks at a broad range of financial service and financial institutions issues and provides introductory material on topics such as:

  • Dormant bank accounts.
  • The Financial Ombudsman Service and other financial regulators.
  • The financial compensation scheme.
  • Financial advisers fees.
  • Bank fines for charity.
  • Interest rate swap compensation.
  • Bank branch closures.
  • Money laundering.
  • Competition in banking.

Some further areas covered include the donation of bank fines to charity and interest rate swap compensation.