Tag Result: consumer harm
Lenders may sell closed books with looming Consumer Duty deadline – Oldfield
The impact of Consumer Duty on loan originations is well documented.
Most brokers say Consumer Duty has made no or little impact on working practices – poll results
Approximately 83 per cent of brokers said that since Consumer Duty came into force earlier...
Consumer Duty implementation is not a finishing line, it’s a starting pistol – industry reaction
The work carried out in the lead up to the implementation of Consumer Duty is the start of...
Brokers must set expectations for Consumer Duty or face the consequences – Crane
A while ago, I made the following comment on a report in Mortgage Solutions about Consumer...
FCA cautions ‘swift action’ for firms that ignore Consumer Duty
The financial services regulator has said it would “act swiftly and assertively” again...
FCA unveils plans for coming year highlighting four target areas
The Financial Conduct Authority (FCA) has outlined its four key areas of priority this yea...
The known mortgage practices which can cause consumer harm – Crane
It might feel a little odd to be talking about known harms when discussing the mortgage ma...
Firms must ‘act now’ as Consumer Duty deadline will not be moved, warns FCA’s Mills
Firms that are regulated by the Financial Conduct Authority (FCA) still have until July th...
The FCA writes to firms and sets up events ahead of Consumer Duty deadline
The financial watchdog has written to authorised firms ahead of the Consumer Duty rules co...
Consumer Duty is not a rehashing of Treating Customers Fairly, says FCA’s Therese Chambers
The Consumer Duty is a watershed moment for firms and not a reworking of the Treating Cust...