UK Financial Conduct Authority publishes guidance on firms' approaches to Consumer Duty board reports
By EsqSocial Corporation 19/12/24
The Financial Conduct Authority has published its findings following a thematic review into firms' approaches to completing the first annual Consumer Duty board report. Under the Duty, a firm must prepare a report for its governing body setting out the results of its monitoring of consumer outcomes and any actions required as a result of the monitoring....
By: A&O Shearman