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FCA boss Nikhil Rathi said firms will need a strategy to ensure customers are adequately informed of available rates across their product set.
UK formally joins CPTPP trade group, opening doors to new opportunities for British businesses with reduced tariffs and increased investment.
The UK is the first European country to join the CPTPP trade group, as government data reveals potential trade benefits and investment prospects including zero tariffs on exports to member countries.
The Trade Secretary signed a treaty confirming the UK’s accession to the CPTPP, paving the way for businesses to access a vast and growing market.
Kemi Badenoch signs CPTPP accession protocol in New Zealand, in move set to cut tariffs for UK exporters