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News

UK FCA finalises changes to create stronger framework to support borrowers in financial difficulty

The FCA has published its final rules and guidance aimed at strengthening protections for borrowers in financial difficulty, incorporating aspects of the Tailored Support Guidance (TSG)...

News

UK Consumer Duty: FCA gives more implementation feedback and some focus areas for closed books work

On 20 February 2024, the FCA published details of recent good practice in Consumer Duty implementation and highlighted areas for improvement. As well as this, the FCA also published the...

News

Central Bank of Ireland consults on a modernised Consumer Protection Code

The Central Bank of Ireland (CBI) is consulting on changes to the Consumer Protection Code 2012 (Code). The proposals look to support effective consumer protection and reflect the changes...

Insights and Analysis

UK Consumer Duty: Lessons learned

A few months on from the Consumer Duty implementation deadline, many firms are still grappling to get to grips with the level of change resulting from the Duty. Consumer Duty not only...

News

Financial Institutions Horizons 2024

If you had told me that we would leave 2023 having lost one of Switzerland’s largest banks, and yet also emerge relatively unscathed (at least by 2008 standards), I would have found...

News

UK Consumer Duty: Closed products and board reports are key focus areas ahead of July 2024 deadline

From 31 July 2024, the FCA's Consumer Duty will apply to closed products and services (that is, products that were closed prior to the 31 July 2023 deadline for new and existing...

News

UK Financial Services Regulatory Initiatives Forum publishes seventh edition of Grid

The eagerly awaited seventh edition of the Financial Services Regulatory Initiatives Grid was published on 30 November 2023 by the Financial Services Regulatory Initiatives Forum. The...

News

UK Financial Services Regulatory Initiatives Forum publishes seventh edition of Grid

The eagerly awaited seventh edition of the Financial Services Regulatory Initiatives Grid was published on 30 November 2023 by the Financial Services Regulatory Initiatives Forum. The...

News

UK FCA consults on changes to create stronger framework to support borrowers in financial difficulty

As previously referred to by the FCA (for example in its 2023/24 Business Plan) and following its Borrowers in Financial Difficulty (BiFD) project findings, it has launched a consultation...

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