Insights & News
Read our latest news, updates and industry insights.
Featured insight
Consumer Duty is coming soon
Why, when and what do you need to do?
The FCA wants to see transformational change in the way financial services firms manage product governance, as part of the new Consumer Duty policy.
With Consumer Duty sitting firmly in the fiduciary accountability box, and the costs of effectively evidencing product lifecycle management increasing, firms that are unable to evidence adequate controls may need to raise regulatory capital allocations in the future.
The finalised guidance was published in July 2022, with an implementation deadline of 31 July for new and existing products. This leaves firms with a short window to get compliance right.
What questions should you ask now, so you can comply in time? We answer these questions and more in our white paper, FCA Consumer Duty: Mandating a strategic and evidential approach to financial product governance.
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