By Maria Ward-Brennan The all-party parliamentary group for fair business banking (APPG) has recommended a creation of a financial services tribunal after a series of high-profile scandals “eroded public trust”. The cross-party group outlined its recommendation on building a framework for compensation and redress in a new report, which stated that the existing landscape of institutional mechanisms for redress is “fragmented”. It highlighted that the current system includes the Financial Services Compensation Scheme (FSCS), the Financial Ombudsman Service (FOS), as well as going to court. The g…