On 11 December 2024, the FCA published two pieces of feedback on the Consumer Duty, setting out good practices and areas for ...
The FCA’s assessment of 180 firms’ first Consumer Duty Board reports revealed a wide variance in the quality of reporting and ...
It is far from the case that the Financial Conduct Authority considers consumer duty to be implemented and is planning to ...
The Financial Conduct Authority has set out how it sees firms offering targeted support for pensions, suggesting it should be ...
The Financial Conduct Authority has set five features that of a good Consumer Duty report and five areas for improvement. The report comes as a result of a targeted and thematic review that the ...
The FCA’s sample was drawn from across the retail banking, wholesale, insurance, payments, consumer investments and consumer finance sectors. Some action plans and improvements were not accompanied by ...
The Financial Conduct Authority has published its findings following a thematic review into firms' approaches to completing the first annual ...
Consumer Duty requires companies to monitor consumer vulnerability during the lifetime of a product, and to use this data to ...
Firms that are falsely using GDPR as a ‘scapegoat’ for non-compliance with Consumer Duty are risking severe action from the regulator, MorganAsh warns.
The FCA has launched a consultation on its proposals for a new retail disclosure regime for Consumer Composite Investments ...