WebDec 7, 2024 · The Financial Conduct Authority has said it will press ahead with its proposed new consumer duty, with an implementation date of April 30, 2024. In a consultation paper published today (December 7 ... WebOct 31, 2024 · The Consumer Duty will apply to all FCA-regulated firms that provide products and services to retail customers. Here you can access dedicated support materials and resources as you work towards implementing the Duty within your firm. Key dates. 31 October 2024 – firms should have agreed Consumer Duty implementation plans in place.
The New FCA Consumer Duty - What’s New? - Webinar - MBL Seminars
WebOct 4, 2024 · The FCA has finalised its new proposed consumer duty regime for UK firms, with a start date of July 2024 (subject to transitional provisions). The first milestone in terms of a relevant firm’s implementation project is 31 October 2024. This bulletin provides a snapshot of the regime, and an overview of its requirements and timing. WebPreparations for the introduction of a new Consumer Duty by the FCA are now well advanced. The second consultation paper, published last December, gives a clearer … jonathan toews girlfriend pregnant
A guide to the new FCA consumer duty Blog The Access Group
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 … WebJul 27, 2024 · The FCA published the new rules on 27 July 2024. This new webinar will provide a valuable update for FCA-authorised firms, compliance professionals, in-house counsel, and regulatory lawyers. What You Will Learn. This webinar will cover the following: The Consumer Principle: ‘A firm must act to deliver good outcomes for retail clients’ WebAgainst the backdrop of the FCA’s requirement for firms to evidence the right behaviours, the Consumer Duty has been established. This new full day in-person seminar is aimed at FCA authorised firms and will walk you through the Consumer Duty landscape. The seminar intends to prepare firms to approach the Consumer Duty with due skill and … how to install a minecraft world