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FCA’s likely approach to enforcing the Consumer Duty

The FCA is committed to ensuring that firms prioritise consumer welfare and operate in a manner that prevents harm.

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Customer Dispute Prevention with Data Analytics

Customer complaint data reflect the relationship between financial providers and their customers

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Enhancing the customer complaints system with AI tools

Customer satisfaction is becoming increasingly important in today’s data-driven world. Providing a positive customer experience

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How Cardiff and Vale Credit Union Embraces Consumer Duty to Empower its Members

In a challenging financial landscape, Cardiff and Vale Credit Union (CVCU) continues to prioritise its members

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Robert Fox

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Consumer Duty Leadership Awards Spotlight Series #2 | Newbury Wins at Consumer Duty Leadership Awards!

In a rapidly evolving regulatory landscape, Newbury Building Society continues to demonstrate its commitment to putting customers first

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Robert Fox

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Consumer Duty Leadership Awards Spotlight Series #1 | Cheryl Pidler, Hinckley and Rugby Building Society

The Financial Conduct Authority (FCA) introduced the Consumer Duty, effective July 31, 2023.

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Robert Fox

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Financial Promotions in the Consumer Duty Era

The introduction of the Consumer Duty in the UK has placed consumer protection at the forefront of the financial services sector.

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Robert Fox

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Financial Innovation in the Era of Consumer Duty: A Balancing Act

The UK’s fintech sector has long been a breeding ground for innovation, driving advances in technologies and business models

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Jane Cooper

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Business Finance

Implementing the Consumer Duty: the Essentials

With the implementation of a new Principle 12, the Financial Conduct Authority (FCA) is aiming to improve the protection of retail

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Guy Hawkins

Sep 23th, 2024

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Consumer Duty: requirements for dispute resolution

Under the new Consumer Duty, Principle 12 states, ‘a firm must act to deliver good outcomes for retail customers’.

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FCA's new Consumer Duty and what it means for firms

With the implementation of the new Consumer Principle, the FCA is aiming to improve consumer protection through an outcome-focused approach.

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Annette Black

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