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Consumer Duty sets higher standards for financial services customers

31/07/23

Today sees the launch of the FCA’s UK Consumer Duty.

This new regulation requires retail financial services companies to provide their clients with a ‘good outcome’ by:

  • Acting in good faith
  • Identifying and managing foreseeable harms
  • Providing all the information necessary for clients to make informed decisions

You can find out more about this regulation please visit the FCA’s website HERE

Important information: Derivative products are considerably higher risk and more complex than more conventional investments, come with a high risk of losing money rapidly due to leverage and are not, therefore, suitable for everyone. Our website offers information about trading in derivative products, but not personal advice. If you’re not sure whether trading in derivative products is right for you, you should contact an independent financial adviser. For more information, please read our Important Derivative Product Trading Notes.

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