Consultation aims to streamline compliance by moving financial promotions under Consumer Duty umbrella.
James Dickie, CMS
Implementation of the Consumer Duty requirements will continue to be the FCA’s key focus to address issues with premium finance for home and motor insurance products.
The FCA comments on the potential and practicalities of workplace savings schemes.
These changes are intended to improve safeguarding practices among payment firms, leading to better protection for consumers.
What pension trustees and providers need to know.
New rules will allow Buy-Now-Pay-Later users to benefit from key protections offered by other consumer credit products.
Payments and e-money firms impacted by codification of guidance and new requirements including the imposition of a statutory trust.
New proposals aim to reduce ambiguity and lead to a reduction in over-compliance or inconsistent application.