Focused on retail investor access to corporate bonds
Cannot forget lessons learned from 2008 financial crisis, founder urges
Includes redress changes and wholesale Consumer Duty review
First phase intended to ‘reduce burden’ on firms
'Partial records or flattened archives are no longer sufficient'
Nearly 600 advisers sign up for July webinar on navigating new s165 data requirements
‘Data is not just a compliance tool it’s a strategic asset’
Extension will apply to 37,000 firms
One firm estimated IT costs of £1m a year alone