13 Mar 2024 45 min listen
The FCA has published an insight setting out examples of good and bad practice that it has observed in firms' implementation of the Consumer Duty.
David Morrey and Ben Farmer discuss the FCA’s thematic feedback on the implementation, highlighting good and bad practices. Other developments discussed include: the FCA’s intervention in the GAP insurance market, the PRA’s sector letters for insurance and banking, and a significant consultation on how the FCA Enforcement approach could change.
Stay up to date with our latest round up of financial regulation.
Mandatory reimbursement has improved consumer protection and appears to have reduced APP fraud. How to identify and stop more scams before the money moves.
BNPL's rapid global growth has been funded in part by private credit. But both sectors face mounting scrutiny. A look at pressures on providers and their funders and a snapshot of global BNPL markets.