WebIf you are not redirected please download directly from the link provided. Download WebDec 7, 2024 · Consumer Duty: Data and MI webinar. Watch our webinar on demand as we discuss data challenges and opportunities relating to implementing and adopting the FCA's consumer duty. 07 December 2024 Event. Share Event. Annual board reporting against Consumer Duty obligations will require different data to be collected across each of the …
PS22/9: A new Consumer Duty FCA
WebJun 23, 2024 · The FCA proposes that The Consumer Duty is about enabling target consumers to achieve good outcomes, and not necessarily about all consumers always achieving good outcomes. Firms need to be clear on who their target customers are. Target customer profiles can help to frame the thinking about whether good outcomes are being … WebJul 13, 2024 · Consumer Duty - an overview. Rightly or wrongly, the FCA believes there to be a general failure by authorised firms to provide retail consumers with products and services that meet their expectations. The Consumer Duty is the FCA's answer to the problem, with its stated aims of setting a higher expectation for the standard of care that … guttieres joseph
FCA City of Detroit
WebSep 1, 2024 · The FCA sees the Consumer Duty as ensuring competition works effectively in consumers’ interests as firms compete to attract and retain customers based on high standards and customer satisfaction. Firms will have the opportunity and incentive to innovate and find new ways to serve their customers through new technologies and with … WebFeb 20, 2024 · This edition of consumer duty view covers the latest FCA updates, including information on the recently published portfolio letters. 20 February 2024 Publication. Share Publication. 2024 is the year for all things Consumer Duty! There’s been quite a few updates already this year, including the latest Financial Conduct Authority (FCA) … WebChristopher Woolard CBE, Heather C Alleyne, Brendan Gilroy 21 Dec 2024. Consumer Duty will set clearer and higher standards for the culture of firms and the conduct the … pilvi hämäläinen sisko kuolinsyy