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CFD Providers – a two part series on the new rules for Financial Promotions: Part 1
January 19 @ 4:00 pm - 5:30 pm
How can you turn the new rules for Financial Promotions and Consumer Duty into an advantage, with clients trading more frequently and confidently?
On 1st December 2022, the FCA issued a Dear CEO letter to CFD providers outlining its expectations and highlighting areas of poor practice seen in firms.
The FCA expects all CFD firms to have agreed their actions and next steps in response to these concerns, where they apply, by the end of January 2023 and in advance of the Consumer Duty regulation coming into force in July 2023.
Part One of our two part series you will find out how the new financial promotions rules will require you to introduce frictions and additional warnings to slow the process and add more checks, and capture more data under the consumer duty. These changes support FCA research that consumers are not understanding risk warnings and opening accounts under social pressures.
Please note this is an in person, round table discussion at Eight Club Bank, and as such places are limited, seats will be allocated on a first come, first serve basis.
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