Consumer Duty timeline ambitious but achievable, says FCA
The Financial Conduct Authority has explained its decision to switch from a proposed implementation period ending April 2023 to one ending July 2023 as it
Source: insuranceage.co.uk
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UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First
Financial firms may be fined and stripped of their regulatory authorization unless they put their customers' needs first under far-reaching reforms from
Source: insurancejournal.com
FCA gives three-month Consumer Duty extension for advisers
The Financial Conduct Authority (FCA) is allowing firms 12 months until 31 July 2023 to implement its new Consumer Duty rules for all new and existing products and services that are currently on sale.
Source: professionaladviser.com
Opinions on 20mph speed limit for residential roads in Wales
WELSH Government wants to reduce the default speed limit – on residential roads – to 20mph.
Source: southwalesargus.co.uk