The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
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The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
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Partner at PwC UK, Insurance specialist with extensive UK and Japan experience. Charity trustee treasurer at Acton Scott Heritage Farm.
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
★ Executive Support Assistant ★ Naturally Organised Fixer and Planner ★ ★ Taking an Idea From Conception to Inception ★
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
UK Banking & Capital Markets Leader for PwC & Global Relationship Partner. Committed Futurist #TheNewEquation
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK’s summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re
-
Director at PwC UK, helping financial services clients manage and mitigate technology risks. Focus on innovation and cloud. Passionate about developing people.
The FCA issued a call to action to financial services firms as it delivered its latest assessment of firms’ Consumer Duty implementation progress. The FCA continues to identify deficiencies in firms’ implementation and embedding of the Duty’s four outcomes, calling out failings in fair value assessments, treatment of vulnerable customers, and use of data to monitor and evidence customer outcomes. The regulator also targets the sector’s preparations to meet the upcoming closed book deadline, with firms urged to take proactive action to be ready in time. Read PwC UK summary of the FCA’s findings and the actions firms need to take here.
FCA sharpens focus on Consumer Duty implementation
pwcuk.smh.re