The Financial and Consumer Services Tribunal is an administrative tribunal created by the Legislature pursuant to section 29 of the Financial and Consumer Services Commission Act [Act]. It has been in operation since July 1, 2013. The Tribunal is quasi-judicial in nature and has broad adjudicative powers, which include several “court-like” powers.
The Tribunal hears appeals, reviews, applications and enforcement proceedings under financial and consumer services legislation.
The Tribunal hears matters in Saint John. It may hold hearings in other locations if it can be demonstrated that another location is more appropriate.