FCA launches Consumer Duty Survey
March 17, 2023
The FCA has launched their Consumer Duty survey to understand the progress firms are making in implementing the Duty. The survey, which will be carried
Tag: Consumer Duty
Are you ready for your Consumer Duty review April deadline?
March 15, 2023
Although the final Consumer Duty deadline is July, there has been some key milestones, including an interim deadline of 30th April 2023 when firms need
Implementing the Consumer Duty in payment firms – A letter from the FCA
February 23, 2023
With only five months before the Consumer Duty comes into force, the FCA has issued a letter to payment firms about the need for them
Has your business started planning for the Consumer Duty?
February 3, 2023
The FCA highlights focus areas for firms in implementing the Consumer Duty With only 6 months till the implementation deadline for the Consumer Duty regulation,
The FCA asks for feedback on its Quarterly Consultation Paper
January 12, 2023
The FCA held discussions with regulated firms across different industries since they published the final Consumer Duty rules in July 2022. The watchdog identified a
The FCA updates its Consumer Duty page with some key topics
January 11, 2023
The FCA updated their Consumer Duty page to include additional content on some of the key topics they have been receiving queries on. These include
Number of FCA fines more than doubled in 2022
January 10, 2023
The number of fines issued by the Financial Conduct Authority more than doubled last year, with 26 fines issued in 2022 compared with just 10
The latest Consumer Duty updates and what they mean for your business
November 21, 2022
Consumer Duty – latest upates On 16 November 2022, Nikhil Rathi, the FCA’s Chief Executive, gave a speech at the UK Finance Annual Dinner on