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Mortgage firm’s treatment of borrowers who use home loans to consolidate debt has improved under the Consumer Duty, but more work needs to be done, says the Financial Conduct Authority. The City watchdog’s wide-ranging consumer-focused guidelines came into force three months ago, on 31 July, covering the UK’s 60,000
Savers could be the first to benefit from new rules for financial firms
Close Brothers Motor Finance has outlined its top tips for compliance with the FCA’s new consumer duty regulations.
Now the deadline has passed and we’re seeing the outcome of these assessments, what are you as distributors or co-manufacturers looking for?
With the implementation date for Consumer Duty fast approaching, we consider below how Business Relief (BR)-qualifying services may be impacted by the new