Financial Services Duty of Care Bill

A Bill to require the Financial Conduct Authority (FCA) to make rules for authorised persons to owe a duty of care to consumers in their regulated activities had its first reading (without debate) in the House of Lords on 9 January 2020. The Bill was initially laid before Parliament late in the 2017-2019 Parliamentary session, and has now been reintroduced. No date has yet been set for the second reading of the Bill.

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