City Hive's Bev Shah: How to ACT on Consumer Duty and SDR as deadline looms

'Regulation appears to be catching up'

clock • 6 min read

While many members of the UK investment industry are off on their summer jaunts, there is a significant date on the horizon with far-reaching impacts

On 31 July 2024, the UK investment industry will ‘celebrate' one year since Consumer Duty, the Financial Conduct Authority standard to enhance the level of care provided to all consumers, came into play, but also it will mark Consumer Duty rules being rolled out to closed products/services.  Talking points for H2: How can the investment sector respond to period of transformation? Further, the date will also mark a further phase of the Sustainability Disclosure Requirements, with fund providers being able to adopt one of four fund labels in order to improve transparency and client unde...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

ISA reform 'under review' after absence in Budget and Mansion House

ISA reform 'under review' after absence in Budget and Mansion House

Financial Services Agenda pledge

Cristian Angeloni
clock 20 November 2024 • 3 min read
Fidelity International to adopt FCA 'Sustainability Focus' label for trio of funds

Fidelity International to adopt FCA 'Sustainability Focus' label for trio of funds

Evaluating other SDR labels

Valeria Martinez
clock 18 November 2024 • 1 min read
FCA and FOS release call for input to modernise redress system

FCA and FOS release call for input to modernise redress system

After Reeves’ Mansion House speech

Isabel Baxter
clock 18 November 2024 • 3 min read
Trustpilot