CEOs must own Consumer Duty

Time to engage with what the FCA is proposing

clock • 4 min read
Mary Wong of PEN Partnership
Image:

Mary Wong of PEN Partnership

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...

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