Amendments to further protect consumers in the Financial Services and Markets Bill, due to be passed into law next year, have been proposed by a task force that
The Transparency Task Force (TTF) has proposed three amendments to the Financial Services and Markets (FSM) Bill having become “increasingly concerned about the lack of effectiveness” of the Financial Conduct Authority (FCA) in relation to its responsibility for providing an appropriate degree of consumer protection.
Mark Bishop, a member of the Transparency Task Force (TTF), has stressed the need for a duty of care in the financial services industry. Bishop, who is the leader of the Woodford Campaign at the TTF, was speaking this morning at a press conference following the Panorama programme about Blackmore Bond.