FCA podcast: What the Consumer Duty means for authorisation

Regulatory Updates | 21/02/23

In a new FCA podcast released this week, the FCA’s Technical Specialist, Alex MacDermott, talks about how the Consumer Duty affects firms applying for authorisation. Alex discusses what firms will need to demonstrate in their application, why the FCA is asking for information in advance of the implementation deadline and the implications for firms who don’t meet the requirements.

Source: FCA