Consumer Duty – FCA information and help

5 October 2022 Shirley McKenzieCompliance

The FCA has added to its published information relating to Consumer Duty to help firms with implementation.

The most recent addition to the Consumer Duty webpages is an information for firms page to help firms implement the Duty. This explains more on the areas of the Duty that firms have been raising queries on. It currently covers:

October implementation plans
Consumer Duty Board Champions
Definition of closed products

The FCA has committed to keeping these pages updated so firms should review the site regularly over the coming weeks and months.

Don’t forget to check Our View about this article and the Actions Required By You

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

ATEB Compliance offers compliance and regulatory advice.

ATEB Suitability provides report writing software for the financial services market.

Our View

For information.

Action Required By You

For information.

SUIT - Beautiful Reports

CREATE BEAUTIFUL
SUITABILITY
REPORTS

TRY IT FOR FREE

SUIT - Complete Control

TAKE BACK
CONTROL OF YOUR
SUITABILITY REPORT
PRODUCTION

TRY IT FOR FREE

SUIT - Comp confidence

SUITABILITY
REPORTS
WITH FULL
COMPLIANCE
CONFIDENCE

TRY IT FOR FREE

About the Author

Contact Us

Brought to you by

Explore more articles in this category

Consumer Credit: FCA Deadline & Do I Need Permissions?

Steve Bailey Compliance 2014, FCA, Mortgage

The deadline for full transition to the FCA is nearly upon us. Have you applied and are you confident of the requirements?

26 March 2014

Budget Changes 2014

David Anderson Suitability 2014, Budget, Update

As I am sure you will be aware the chancellor’s budget last week throws a few curve balls for the financial service industry to get to grips with. However, in true ATEB style we are getting ahead of the game and will be pushing out updates later this evening in readiness for some of the […]