Imminent Deadline For Closed Products Consumer Duty Alignment

As we approach the end of the month, the deadline to align products sold before 31st July last year, but not marketed or sold since, with Consumer Duty is nearly upon us.

The FCA’s latest Dear CEO letter underscores the urgency of the 31st July 2024 deadline, emphasising the regulator’s commitment to enhancing transparency and fairness in the financial services sector.

Why should this be on your radar? Missing the deadline could result in substantial regulatory fines, broader sanctions and a significant loss of customer trust.

At Edmund, we are fully prepared to navigate you through these regulatory changes. Our combination of clear, straightforward consulting and state-of-the-art technological partnerships ensures that you can confidently tackle these updates. With Edmund, you receive more than just guidance; you gain a strategic edge in the regulatory environment.

Reach out to us today to ensure you're ready for the upcoming changes and to transform these requirements into strategic opportunities.

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