The countdown is on! With July 2023 coming up fast, is your firm prepared for the UK Financial Conduct Authority's new Consumer Duty?
As the final deadline rapidly approaches, the FCA continues to release guidance to firms. In May the agency posted a multi-firm review of where Consumer Duty implementation plans stand to date and Dear CEO Letters with guidance specific to industry sectors. In June, with just one month to go, the agency provided a list of ten questions that firms should be asking themselves to ensure they are on track and making the most of the remaining time.