NEW CONSUMER DUTY GUIDANCE
Written on 29/07/2022
NEW CONSUMER DUTY GUIDANCE
The Financial Conduct Authority has finalised their Guidance on the New Consumer Duty.
The Duty is made up of an overarching principle and new rules firms will have to follow. It will mean that consumers should receive communications they can understand, products and services that meet their needs and offer fair value, and they get the customer support they need, when they need it.
This document produced by me provides some high level information on the finalised Guidance with a full summary to follow shortly.
And the good news is that there are only nine slides!
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