CEOs must own Consumer Duty

Time to engage with what the FCA is proposing

The door recently closed on the first stage of the FCA Consumer Duty consultation and work is going on to formulate a regulation that will come into force in 2022.

I wonder how many CEOs within asset and fund management firms earmarked this new regulation as a priority for them personally? There a number of reasons why it may not have been prioritised: 1. It...