The content within the recently published PS22/9 policy statement, defines fundamental compliance principles โ thatโs the requirement to deliver good outcomes for retail customers, supporting and empowering them to make the right financial decisions and avoid foreseeable harm.
The FCA wants firms to compete vigorously in the customersโ best interests and understand their needs, supporting them with certainty and thereby setting good customer outcomes.
To make it a little easier, theyโve broken it down into ten expectations…
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