FCA feedback statement on rule review in response to consumer duty
By EsqSocial Corporation 01/04/25
The Financial Conduct Authority (FCA) has published a feedback statement on immediate areas for action and further plans for reviewing FCA requirements following introduction of the Consumer Duty. It follows the FCA's call for input to which it received 172 responses. Most respondents supported simplification of requirements in principle, but opinions varied on the approach and timeline....
By: A&O Shearman