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Consumer duty will help manage the future of finance

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Consumer duty, digitalisation, access to financial services, AI and the UK’s crypto hub ambitions among the topics covered in Nikhil Rathi’s speech.

FCA Chief Executive Nikhil Rathi delivered a wide ranging speech, but one that focused squarely on the future of the financial services landscape in the UK and the ability of all consumers to access and navigate this.

According to Rathi, the Consumer Duty has been brought in to address declining