Episode 43: Regulatory update: Delivering ’fair value’ through the Consumer Duty

Financial Services Risk and Regulation Unravelled Podcast

06-10-2023 • 46 mins

What factors affect 'fair value' for the Consumer Duty?

Setting higher and clearer standards for firms of consumer protection within the financial services sector, David Morrey and Ben Farmer discuss the FCA's Consumer Duty initiative and the outcomes that it's trying to achieve through 'fair value' in their recent regulatory update.

Other developments discussed include: cost of living, crypto, lending and mortgages, and much more – sharing insight on how firms and consumers can prepare for the changes ahead.