FCA Consumer Duty: A New Standard of Customer Care
This course presents The Consumer Duty required by the Financial Conduct Authority (FCA), the UK's financial regulator.
Description
The Consumer Duty is a new set of rules developed by the Financial Conduct Authority (FCA) in order to create a higher standard of consumer protection in UK retail financial markets. It represents a significant regulatory change that will require firms to rethink their approaches to customer service, with a focus on delivering good outcomes for customers, rather than on internal processes. This course explains the FCA' s Consumer Duty and what firms must do to implement it.
Features
- Understand the FCA's expectations for customer service
- Know how to comply with the new regulatory regime
- Prepare for how work processes will change under the new regime