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/publications/policy-statements/ps22-9-new-consumer-duty

Consumer Duty

The Duty sets high standards of consumer protection across financial services, and requires firms to put their customers' needs first.

Final rules & guidance

Latest news and publications

March 2025: Consumer Duty review of requirements - feedback and next steps

Read the next steps to our review of requirements following the introduction of the Consumer Duty
Read the feedback statement

March 2025: Firms' treatment of customers in vulnerable circumstances

Read our review and good practice findings on how firms are supporting customers in vulnerable circumstances.
Read the review

March 2025: Consumer Support Outcome: good practices and areas for improvement

Our review into firms’ approaches to the consumer support outcome of the Duty.
Read more

December 2024: Consumer Duty Board Reports: Good and Poor practice

Our review of firms’ approaches to completing the first annual Consumer Duty Board report
Read more

December 2024: Complaints and root cause analysis: Good and Poor practice

Our review of firms’ approaches to complaints and root cause analysis
Read more

Key milestones

Steps in the introduction of the new rules:

1

27 July 2022

Final rules and guidance published

2

31 October 2022

Firms agree implementation plans

3

30 April 2023

Manufacturers complete reviews to meet the outcome rules

4

31 July 2023

Rules start for open products/services

5

31 July 2024

Rules start for closed products/services