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Moneyhub Casts Dim Outlook on the Successful Adoption of the FCA’s Consumer Duty

November 9, 2022


Twenty-two per cent of CEOs, chairmen and directors admit that the banks and building societies they work for are unlikely to become compliant with the regulation by the time the April deadline comes around.

This is the central concern of the newly-published research by Moneyhub, the open finance, open data and payments platform.

The FCA’s Consumer Duty regulation requires industry players to direct their initiatives and operations to deliver good outcomes for their retail customers.

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