Model Office launches automated Consumer Duty board report

This comes as the requirement for advice firms to deliver their first annual Consumer Duty board report is 31 July.  The automated report aims to aggregate relevant regulatory data and provides templates for firms to evidence their validation processes meet all requirements on an annual basis. It also provides in-depth data and management information (MI) for firms to audit their performance against all Financial Conduct Authority (FCA) Consumer Duty regulations, providing automated gap analysis and templates for firms to add relevant information on an ongoing basis. The Model Offi...