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United Kingdom: FCA publishes detailed Consumer Duty proposals

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United Kingdom: FCA publishes detailed Consumer Duty proposals

On 7 December 2021, the FCA published its second consultation on the Consumer Duty, setting out more developed proposals for rules and guidance following feedback from its first consultation. The proposals set out in the first consultation have been mostly carried forward, though the FCA has made some important amendments and clarifications in response to feedback received. For more detail on the first consultation, including background to the introduction of a Consumer Duty.

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United Kingdom: FCA publishes detailed Consumer Duty proposals

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