The Impact of the FCA’s Consumer Duty on Broking Firms with Deloitte

Thursday 1st September 2022 at 8 AM, webinar with Deloitte.

Following the publication of the FCA’s final policy statement on Consumer Duty, this session will explore the potential impacts on Broking Firms and the likely challenges that may be faced during implementation.

Whilst the implementation date itself has been extended to July 2023, the FCA expects that the Board will have reviewed, challenged, and approved an implementation plan by October 2022 and that the FCA may request evidence of this. We will explore good practices for Board engagement, as well as for structuring implementation plans.

For more information on the FCA’s Consumer Duty, please see below Deloitte’s blog summarising the key updates from the FCA’s Final Policy Statement: https://emearegulatorystrategy.deloitte.com/post/102htr1/fca-finalises-consumer-duty-rules