WebMar 24, 2024 · Section 1B(4) of the Act provides a competition duty for the FCA whereby the FCA must, so far as it is compatible with acting in a way which advances the consumer …
FCA publishes Consumer Duty rules Womble Bond …
WebJan 3, 2024 · 01-03-2024. In September 2024 our article discussed the Financial Conduct Authority’s (“FCA”) proposed guidance for treatment of vulnerable customers. The … WebIn July 2024, the Financial Conduct Authority (FCA) issued its final rules on a consumer duty with Policy Statement 22/9, 2 along with guidance in Finalised Guidance 22/5. 3 … happy 20 anniversary gif
A new consumer duty and looking out for vulnerable - Mishcon de …
WebJun 11, 2024 · In summary, the stated purpose of the new Duty is to enhance the standards of care that Firms exercise towards consumers. This comes only a few months after the FCA published its long in the making finalised guidance setting out its wide-ranging expectations as to how firms should treat customers who are (or maybe) vulnerable. WebJul 27, 2024 · PS22/9: A new Consumer Duty. Consultation opens. 07/12/2024. Consultation closed. 15/02/2024. Policy Statement & Finalised Guidance. 27/07/2024. Policy … WebGuidance consultation Financial Conduct Authority Page 4 of 47 Finalised Guidance Executive summary 1.1 During 2013, we investigated the extent to which there is a … happy 20 anniversary images