WebJul 27, 2024 · FCA Warning List . Find our most up-to-date warnings of firms and individuals running scams or operating without authorisation. Read more. Close menu. News. ... WebEPA Response to FCA's CP21-13 Consumer Duty v4-0 Page 2 Introduction The Emerging Payments Association (EPA) welcomes the opportunity to contribute to the Financial …
CP21/13: A new Consumer Duty FCA
WebApr 28, 2024 · CP21/9 makes clear that the outcome of the FCA's review of the market indicated that RTS 27 and RTS 28 have failed in their goal of improving information and investor protection. In particular, firms have found RTS 27 reports overly complex and often outdated and therefore irrelevant to review their best execution decisions and venue … WebDec 8, 2024 · In CP21/13 the FCA set out a package of proposals for a ‘Consumer Duty’ consisting of: A new Consumer Principle, which sets an overall standard of behaviour … markiplier photobooth
The Consumer Duty – the cross-cutting rules - Ruth Finch
WebFeb 8, 2024 · Of the two options set out in the May 2024 consultation paper (CP21/13), the FCA proposes the following wording for the Consumer Principle: A firm must act to deliver good outcomes for retail customers. This will be a new Principle 12, replacing Principles 6 and 7 for retail financial services activities within the scope of the Consumer Duty. WebKey takeaways from the FCA's Business Plan for 2024/24 WebDec 7, 2024 · There have been some amendments in response to feedback received on CP21/13. The FCA has removed reference to firms talking “all reasonable steps” in the … navy blue with black formal gowns