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Consumer Duty Comes into Effect in the UK

The United Kingdom’s Consumer Duty rules for financial services firms have come into effect today (Monday). With this, companies registered with the Financial Conduct Authority must align their services with rules to ensure consumer protection. These rules will apply to payment firms, asset managers, insurance firms, brokers, and more, covering about 60,000 companies. But are they prepared? UK Firms Must Comply with Consumer Duty Rules In an industry-wide survey of over 1,000 regulated financial... Read More

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Posted: Jul 31 2023, 06:01

Author Name: financemagnates

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