Firms Need More FCA Help Complying With Consumer Duty

[Gunnar Larson]

Firms Need More FCA Help Complying With Consumer Duty

By Alex Davidson

The City watchdog's landmark consumer protection regime for financial
services launches Monday after months of compliance warnings that it will
intervene firmly where businesses get it wrong. And now lawyers are
worrying that many of the companies risk early enforcement action unless
the Financial Conduct Authority helps to clear up ambiguities buried in the
new rulebook.

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https://www.law360.co.uk/financial-services-uk/articles/1704942?nl_pk=4fb4178d-225f-4ebc-8adb-2c927e9ee7ec&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2023-07-31&read_main=1&nlsidx=0&nlaidx=2
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