In July 2022, the Financial Conduct Authority, or FCA, published a policy statement, with final rules, on its Consumer Duty initiative. This comprises a new principle, cross-cutting rules, and four outcomes for retail consumers. The Consumer Duty will mean that consumers should receive communications they can understand products and services that meet their needs and offer […]

Description: Diversity, equality and inclusion (DEI) are crucial in the financial services sector, ensuring ethical, fair, and sustainable practices while promoting innovation, resilience and competitiveness. Embracing diversity allows financial institutions to leverage a wide range of perspectives and talents, fostering creativity and innovation in product development and problem-solving. Inclusive practices drive economic growth and stability […]