Regulation

A ‘clear’ move that the industry will be pushing for, panellists say

Many firms on 'wait-and-see' mode

Adds three additional situations where firms can be named

Fines total more than £1m

Only one in the sector since Consumer Duty came into force

Will pay £200 to individuals over complaint response delays

Feedback deadline set at 31 July

In response to ‘significant concerns’

Figure is £38m lower than the indicative forecast from November

Offering regulated firms a controlled space to trial advanced technologies