‘Far reaching’ FCA Consumer Duty rules set higher standard for industry
27 July 2022
New rules for the financial services industry published by the FCA on 27 July, have been described as ‘far reaching’ impact that will ‘fundamentally reshape financial services in the UK’. They largely followed the proposals in the two consultations papers from last year, CP21/13 and CP21/36, but the regulator has extended the implementation date...