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‘Do better or we get tough’ – FCA issues warning over Consumer Duty

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Photo: Leon Neal/Getty Images

Martin Cloake

1 min read
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With the 31 July deadline approaching, the regulator has made its expectations clear.

There are shortcomings in almost every area of implementation ahead of the introduction of the Consumer Duty in the UK on July 31, the FCA has warned, and it is prepared to take “robust action” over the most serious breaches.

The latest warnings from the regulator came in an announcement that

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