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Tag Archives: Consumers

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FCA proposes new ‘Consumer Duty’ rules for Firms

Due DiligenceBy Haleema AliJune 11, 2021Leave a comment

The Financial Conduct Authority is introducing greater protections for retail clients by introducing a new consumer duty principle, aimed for firms providing and advising on products and services. In turn, this will increase the responsibility of firms to ensure consumers are provided with the products and services that are best fit for purpose and represent fair value. Firms are…

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