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Regulation between the EU and the UK is set to continue on a path of divergence in 2024, as the UK Government looks to onshore EU legislation.
Britain's financial watchdog said on Wednesday it planned to curb the marketing of cryptoassets and other high-risk investments, a move that comes amid a
Britain to curb marketing of crypto investments
BBC News By Kevin Peachey Published image copyrightGetty Images Financial firms will need to ensure terms and conditions are easy to understand and products provide fair value for customers, under new plans. Businesses must already treat customers fairly, but the UK's financial regulator is looking to bolster the rules with a new Consumer Duty. The Financial Conduct Authority (FCA) wants the heightened rules in place by July next year. They are intended to protect consumers and make it clear how to complain. The FCA said that many financial firms had operated with a focus on helping customers...