The Financial Conduct Authority will be issuing a dedicated guide to its rules and expectations aimed at small advice firms.
Announced at the Consumer Duty Alliance's conference in Birmingham today (22 October), FCA head of consumer investments Sara Woodroffe said the guide was in response to feedback from advisers. Additionally, the regulator wants to "help small firms understand [its] expectations." Woodroffe said: "My team and I have spoken with many of you who told us that you really liked the guide we piloted for credit brokers, so we're looking forward to delivering that for you and helping you understand and implement our expectations in a way that's proportionate to your business." The FCA announ...
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