About: Financial Ombudsman Service (Australia)

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An Entity of Type : yago:WikicatFinancialRegulatoryAuthorities, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
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The Financial Ombudsman Service (FOS) was a member-funded Australian ombudsman service that provided external dispute resolution for consumers who were unable to resolve complaints with member financial services organisations. The FOS was led by the Chief Ombudsman, David Locke. He is supported by lead ombudsmen for banking and finance, general insurance, and investment and advice; with ten other ombudsmen supporting various functional areas and disputes. The Financial Ombudsman Service was superseded in 2018 by the Australian Financial Complaints Authority (AFCA).

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rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization yago:Abstraction100002137 yago:AdministrativeUnit108077292 yago:Group100031264 yago:Organization108008335 yago:RegulatoryAgency108353406 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity organisation yago:SocialGroup107950920 yago:Unit108189659 yago:WikicatFinancialRegulatoryAuthorities
rdfs:label	Financial Ombudsman Service (Australia) (en)
rdfs:comment	The Financial Ombudsman Service (FOS) was a member-funded Australian ombudsman service that provided external dispute resolution for consumers who were unable to resolve complaints with member financial services organisations. The FOS was led by the Chief Ombudsman, David Locke. He is supported by lead ombudsmen for banking and finance, general insurance, and investment and advice; with ten other ombudsmen supporting various functional areas and disputes. The Financial Ombudsman Service was superseded in 2018 by the Australian Financial Complaints Authority (AFCA). (en)
foaf:name	Financial Ombudsman Service (en)
foaf:homepage	http://www.fos.org.au/
name	Financial Ombudsman Service (en)
foaf:depiction
location	Australia
dcterms:subject	Dispute resolution Banking Ombudsmen Financial regulatory authorities of Australia Ombudsmen in Australia
Wikipage page ID	32065285 (xsd:integer)
Wikipage revision ID	1113695102 (xsd:integer)
Link from a Wikipage to another Wikipage	Ombudsman Ombudsmen in Australia Department of the Treasury (Australia) Victoria (Australia) Public company Superannuation Complaints Tribunal Credit and Investments Ombudsman Melbourne, Victoria General insurance Full-time equivalent Australia Australian Financial Complaints Authority Australian House of Representatives Australian Securities & Investments Commission Australian Senate Dispute resolution Credit ombudsman service Nick Xenophon Dispute resolution The Honourable Choice (Australian consumer organisation) Supreme Court of Victoria Banking Ombudsmen Financial regulatory authorities of Australia Ombudsmen in Australia Financial services Michael Lavarch External Dispute Resolution
Link from a Wikipage to an external page	http://www.fos.org.au/centric/home_page.jsp http://www.moneysmart.gov.au/tools-and-resources/how-to-complain http://www.fos.org.au/
sameAs	Financial Ombudsman Service (Australia) Financial Ombudsman Service (Australia) Financial Ombudsman Service (Australia) Financial Ombudsman Service (Australia)
dbp:wikiPageUsesTemplate	dbt:As_of dbt:Bulleted_list dbt:COI dbt:Citation_needed dbt:Infobox_organization dbt:Portal dbt:Post-nominals dbt:Reflist dbt:Rp dbt:Small dbt:Start_date dbt:Use_dmy_dates
thumbnail	wiki-commons:Special:FilePath/FOS_(Australia)_logo.jpg?width=300
affiliations	Australian Securities & Investments Commission
formation	2008-07-01 (xsd:date)
headquarters	Victoria (Australia) Melbourne, Victoria
leader name	David Locke (en)
leader title	Chief Ombudsman (en)
location	Australia (en)
membership	Australian banks, insurers, credit providers, financial advisers and planners, debt collection agencies and other businesses that provide financial products and services (en)
Staff	293 (xsd:integer)
type	Ombudsman
website	http://www.fos.org.au/
has abstract	The Financial Ombudsman Service (FOS) was a member-funded Australian ombudsman service that provided external dispute resolution for consumers who were unable to resolve complaints with member financial services organisations. As of 30 June 2016 the FOS had approximately 5,500 licensed member organisations that included banks, insurers, credit providers, financial advisers and planners, debt collection agencies and other businesses that provide financial products and services; together with an additional 8,000 authorised credit representatives. The Service is governed by its term of reference which allow for it to hear matters within six years of the first knowledge of a financial loss and, since January 2015, for the Service to award remedies capped at A$309,000. In 2015–6, the FOS received 34,095 disputes and closed 32,871 disputes; a seven per cent increase on the number of disputes received during the previous year and a five per cent decrease on the number of disputes closed. The FOS was led by the Chief Ombudsman, David Locke. He is supported by lead ombudsmen for banking and finance, general insurance, and investment and advice; with ten other ombudsmen supporting various functional areas and disputes. The Financial Ombudsman Service was superseded in 2018 by the Australian Financial Complaints Authority (AFCA). (en)
gold:hypernym	Company
prov:wasDerivedFrom	wikipedia-en:Financial_Ombudsman_Service_(Australia)?oldid=1113695102&ns=0
page length (characters) of wiki page	15541 (xsd:nonNegativeInteger)
founding date	2008-07-01 (xsd:date)
membership	Australian banks, insurers, credit providers, financial advisers and planners, debt collection agencies and other businesses that provide financial products and services (en)
number of staff	293 (xsd:nonNegativeInteger)
affiliation	Australian Securities & Investments Commission

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