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2026 Independent External Review of OBSI’s operations released

GlobeNewswire Inc.·
2026 Independent External Review of OBSI’s operations released

The Ombudsman for Banking Services and Investments (OBSI) released its 2026 independent evaluation, finding it to be a well-organized and professionally managed service. The evaluation made 26 recommendations including binding authority for all decisions, increasing compensation limits to $550,000 with inflation indexing, and strengthening systemic issue reporting. OBSI plans to incorporate these recommendations into its 2027-2031 Strategic Plan.

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