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FCA reveals mixed industry preparation for Consumer Duty

News Team, 25/01/2023

With just six months to go until Consumer Duty comes into force, many firms are demonstrating readiness for the new regulation while others lag behind, according to a Financial Conduct Authority (FCA) report.

This does not appear to represent any significant change from November, when the FCA revealed that half of firms have no Consumer Duty plans in place...


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