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Showing 372 to 381 of 12332 search results for New consumer duty will.

  1. Consumer Duty

    Our new Duty sets higher and clearer standards of consumer protection across financial services, and requires firms to put their customers’ needs first.

  2. CP17/40: Individual accountability: Transitioning FCA firms and individuals to the Senior Managers & Certification Regime

    Consultation papers Published: 13/12/2017 Last modified: 22/02/2018
    This consultation paper focuses on how we will move firms and their senior staff over to the new the regime. ... This includes transitional provisions to give firms time adapt to the new regime.

  3. PS15/3: Final rules for independent governance committees, including feedback on CP14/16

    Policy statements Published: 04/02/2015 Last modified: 29/05/2018
    consumers who are members of workplace personal pension schemes and consumer groups seeking better protection for consumers with workplace personal pensions. ... IGCs will be new governance bodies and we will want to ensure that they are operating

  4. FCA bans former Co-operative Bank Chair, Paul Flowers, from the financial services industry

    Press Releases Published: 06/03/2018 Last modified: 06/03/2018
    The Financial Conduct Authority (FCA) has banned the former Chair of Co-operative Bank PLC (Co-op Bank), Paul Flowers, from the financial services industry.

  5. FCA: New strategic approach to ensure “sharper focus” to regulatory challenges ahead

    Press Releases Published: 08/12/2014 Last modified: 08/12/2014
    Several structural changes to how the organisation works will complement this new approach. ... Tracey McDermott will take responsibility for managing this transition and will subsequently lead one of the new Divisions.

  6. FCA announces competition review into credit cards - particular focus on how industry works with those in difficult financial situations

    Press Releases Published: 03/04/2014 Last modified: 03/04/2014
    There is however, a duty of care to consumers, and I think it’s important for there to be clarification of whether competition is working in their interests.”. ... This week, the FCA took over regulation of consumer credit and published low income

  7. Financial watchdog warns insurers to protect customers’ wellbeing during cost of living squeeze

    Press Releases Published: 29/09/2022 Last modified: 29/09/2022
    The Financial Conduct Authority (FCA) has written to insurers urging them to protect customers as the cost of living rises

  8. Clydesdale Bank fined £8.9 million for failing to treat its mortgage customers fairly

    Press Releases Published: 26/09/2013 Last modified: 26/09/2013
    This process has been agreed with the FCA, which has an objective to secure an appropriate degree of protection for consumers. ... Clydesdale will now write to all customers who were affected by the error who did not receive compensation following the

  9. Insurance providers warned not to undervalue cars or other insured items when settling claims

    Press Releases Published: 02/12/2022 Last modified: 02/12/2022
    Insurance firms have been warned not to undervalue cars and other insured items when settling insurance claims especially during the cost of living squeeze.

  10. FS23/4: Potential competition impacts of Big Tech entry and expansion in retail financial services 

    Feedback statements Published: 12/07/2023 Last modified: 12/07/2023
    We are asking for views on the potential benefits and harms from Big Tech firms’ entry and expansion into retail financial services sectors

  11. New Chairs of the FCA Practitioner Panel and Markets Practitioner Panel announced today

    Press Releases Published: 28/06/2019 Last modified: 01/07/2019
    The Financial Conduct Authority Chair, Charles Randell, has today announced the appointments of new Chairs for the FCA’s independent Practitioner Panel and Markets Practitioner Panel.