Speech by Sheldon Mills at the recent ‘Countdown to Implementation of the Consumer Duty’ event 22 February 2023

Claire2025-02-21T09:35:24+00:00

Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the 'Countdown to Implementation of the Consumer Duty' event, hosted by Deloitte LLP. "Call of Duty: How putting customers front and centre will help industry innovate" Click here for further details...

Random Act of Kindness (RAOK) Day on 17th February 2023

Claire2025-02-21T09:35:24+00:00

In our crazy, busy and scheduled worlds, we rarely take the time to slow down and reflect on how fortunate we are… Random Act of Kindness (RAOK) Day on 17th February 2023 provides just that opportunity This year we are collaborating as an Institute, and will have some volunteers, giving out bunches of daffodils...

FCA supports firms through the transition to implementing the Consumer Duty

E_Create_1232025-02-21T09:35:24+00:00

As firms continue to get ready for the implementation of the Consumer Duty, the FCA is supporting firms through the transition with a programme of engagement, which includes setting out in letters the expectations of the Duty and arranging a series of regional in-person...

FCA highlights areas of focus for firms implementing the Consumer Duty

E_Create_1232025-02-21T09:35:24+00:00

After the end of the October 2022 milestone for implementation plans, the FCA requested the Consumer Duty implementation plans from larger fixed firms with a dedicated FCA supervision team, who primarily operate in retail financial services markets as part of a multi-firm review.  These were the firms with the greatest...

FCA launches discussion on competition impacts of Big Tech on financial services industry

E_Create_1232025-02-21T09:35:24+00:00

The FCA is seeking views on the potential competition benefits and harms from Big Tech firms’ entry into a range of retail financial services sectors.

The FCA has today released Discussion Paper 22/5 "The potential competition impacts of Big Tech entry and expansion in retail financial services". Please click here...

FCA presents selected data from latest Financial Lives Survey

E_Create_1232025-02-21T09:35:24+00:00

The publication provides data on vulnerability and financial resilience, and insights into the financial positions of UK consumers in May 2022.

The FCA has published selected data for the latest Financial Lives Survey, the full survey report will be published in early 2023. Please click here to read the full...

World Menopause Day – 18th October 2022

E_Create_1232025-02-21T09:35:24+00:00

World Menopause Day is held every year on the 18th October. This year's theme is Cognition and Mood. Designated by the International Menopause Society (IMS) this day is held to raise awareness of the menopause and to support options to improve health and well-being for women in mid-life and beyond. A couple of weeks...

FCA release Consultation Paper CP22/19 with proposals to replace the FCA Financial Resilience Survey with a new regulatory return

E_Create_1232025-02-21T09:35:25+00:00

Creation of a baseline financial resilience regulatory return

"We have published a Consultation Paper with proposals to replace the FCA Financial Resilience Survey with a new regulatory return during 2023. In doing so, we aim to: reduce the administrative and financial burden that an ad hoc survey places on...