The Notebook: City bosses need to get honest about corporate culture Opinion Corporate culture remains riddled with problems. It's time for an honest conversation, writes Lucy McNulty, editor of Following the Rules, in today's Notebook.
‘Intense’ consumer duty rules driving up regulatory pressure on City, KPMG says Banking The Financial Conduct Authority's "intense" supervision of its flagship consumer duty regime is driving an increase in regulatory pressure felt by City firms, according to KPMG.
The Notebook: Why the Consumer Duty is something to celebrate Opinion Where the City’s movers and shakers have their say. Today, Debbie Kennedy, CEO at Lifesearch, takes the notebook pen to tell us why we should cheer the Consumer Duty Happy birthday to the Consumer Duty! Last week saw the one-year anniversary of Consumer Duty – a relative ‘unknown’ for the average person on the street, [...]
One year on, is the consumer duty helping or hindering the City? July 31, 2024 Today, the consumer duty’s final deadline comes into force. The set of regulations implemented by the Financial Conduct Authority a year ago has finally been set in stone for so-called closed products, with all financial services companies now forced to "put their customers' needs first.