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UK Financial Services Consumer Regulation Reset: The "Consumer Duty" | Wilson Sonsini Goodrich & Rosati - Vimarsana News

UK Financial Services Consumer Regulation Reset: The "Consumer Duty" | Wilson Sonsini Goodrich & Rosati

The UK Financial Conduct Authority (the FCA) is introducing sweeping new regulatory obligations for financial services firms that serve UK retail customers, referred to as the "consumer...

United Kingdom: The Consumer Duty - key changes in the final rules - Vimarsana News

United Kingdom: The Consumer Duty - key changes in the final rules

On 27 July 2022, the FCA published its highly anticipated final rules and guidance on the new Consumer Duty, ushering in a fundamental…

FCA final Consumer Duty rules and guidance published: time for firms to put the pedal to the metal | Hogan Lovells - Vimarsana News

FCA final Consumer Duty rules and guidance published: time for firms to put the pedal to the metal | Hogan Lovells

With the publication of the final rules there is now only a year to go before firms must comply with their Consumer Duty obligations. The FCA has emphasised that this must be a major...

Global Payments Newsletter, July 2022 | Hogan Lovells - Vimarsana News

Global Payments Newsletter, July 2022 | Hogan Lovells

Key developments of interest over the last month include: UK Financial Services and Markets Bill 2022-23 introduced to Parliament; US Treasury publishes framework for international...

Industry reacts to FCA Consumer Duty announcement - Vimarsana News

Industry reacts to FCA Consumer Duty announcement

The Financial Conduct Authority has announced that it will be bringing in a new Consumer Duty that will “set higher and clearer standards of consumer protection” across financial services.