FCA mission: ‘Our future approach to consumers’
The FCA has issued the first of a series of consultation publications which form part of its mission.
This includes questions based around firm and consumer responsibility, vulnerable consumers, tackling exclusion and delivering better outcomes for all consumers.
The FCA also raises the possibility of introducing a new duty of care for firms into its handbook.
The consultation closes on 5 February 2018 and a final publication will follow later in the year.
The consultation can be viewed at: bit.ly/2imjBKG
The International Regulatory Strategy Group (IRSG) has published a report which calls for a review of the UK’s rulemaking system for financial services post-Brexit.
Andrew Bailey, chief executive of the UK Financial Conduct Authority (FCA), has given a speech on Brexit at the Future of the City dinner in London.
In October 2017, the UK Financial Conduct Authority (FCA) revealed that it has been monitoring how firms have implemented the consumer renewal disclosure rules, which came into force in April 2017.