FCA proposes new Consumer Duty - TCF with bigger teeth?
By EsqSocial Corporation 20/05/21
On 14 May 2021, the FCA published Consultation Paper CP21/13 outlining much-anticipated proposals relating to the standards expected of regulated firms to ensure the protection of retail consumers. The Consultation Paper follows a recently published speech given by Charles Randell, Chair of the FCA and PSR, in which Mr. Randell outlined changes required to transform regulation and reshape the FCA to better protect consumers....
By: Bryan Cave Leighton Paisner