It’s summer at last and things are hotting up!
We’ve mentioned on several occasions that the FCA is more proactively targeting firms with whom...
‘No change’ reviews – a problem?
There’s much in the financial press recently about ongoing reviews, and we’ve provided our fair...
Capacity for loss – how do you define it?
As regular readers of our articles will be aware, we’ve covered Capacity for Loss (CfL) numerous...
Dear CEO letters on Consumer Duty - closed products
In May 2024, the FCA issued six new Dear CEO letters concerning the Consumer Duty requirements for...
Back to basics
If you read the industry press regularly you could be forgiven for thinking that the provision of...
Stubborn issue?
It was really just a matter of time before it happened following the implementation of Consumer...
FCA Requests Information From Firms On Ongoing Advice Services
In February 2024, the FCA wrote to a number of financial adviser firms with a survey requesting...
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FCA Webinar - Consumer Duty: The Next Steps
In January 2024, the FCA held a webinar on the Consumer Duty – Next Steps.
The Consumer Duty one month on
As of the end of August 2023, the FCA's Consumer Duty has been in existence for a month for current...
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Consumer Duty And Carrying Out Price And Value Assessments
With the Consumer Duty now applying to all firms having a direct or indirect relationship with...
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Consumer Duty Webinar Part Four - Consumer Support
In our fourth and final webinar of this 4 part series, we looked at the Consumer support outcome...
Consumer Duty Webinar Part Three - Consumer Understanding
In our third webinar of this 4 part series, we looked at the consumer understanding outcome under...
Consumer Duty Webinar Part Two - Price And Value Outcome
In our second webinar of the series we examined the Price and Value outcome under the Consumer Duty...
Consumer Duty Webinar Part One - Products And Services Outcome
We examined the Products and Services outcome under the Consumer Duty and answered your questions...
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FCA issues findings from Consumer Duty survey
In June 2023, the FCA commissioned an anonymous survey of 1,230 firms in some of the sectors in...
The FCA To Introduce A New Principle & Code Of Conduct Rule
On 31st July 2023, the FCA will implement the Consumer Duty, which is intended to fundamentally...
General Data and Protection Regulation
The UK Parliament is currently reviewing a new Data Protection and Digital Information Bill with...
FCA Explains Its Consumer Duty Requirements And Key Points
With fewer than ninety days to go until the start of the Consumer Duty, the FCA has urged firms to...
Implementing the Consumer Duty in credit brokers
In March 2023, the FCA issued five Dear CEO letters to credit sector firms concerning the...
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FCA seeks views on updating asset management regulation
In February 2023, the FCA announced in its Discussion Paper DP 23/2 that it is seeking views on...
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FCA's Executive Director Briefs Firms On The Consumer Duty
In February 2023, the FCA advised that some firms are using inappropriate tactics in an effort to...
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FCA Issues Letter To Debt Advice & Other Debt Services Firms
In February 2023, the FCA issued two Dear CEO letters to debt advice firms and firms in debt...
Dear CEO Letter To Payment Services Firms On The Consumer Duty
In February 2023, the FCA issued a Dear CEO letter to firms authorised under the Payment Services...
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FCA Dear CEO Letters For Firms To Prepare For The Consumer Duty
In February 2023, as firms prepare for the implementation of the Consumer Duty in July 2023, the...
FCA Highlights Focus Areas For Firms Implementing Consumer Duty
With six months to go before the Consumer Duty regulation comes in, the FCA has published a...
FCA tells firms to change behaviour ahead of the Consumer Duty
It has been reported the FCA has begun telling firms to change their behaviour ahead of the...