Source · Select Committees · Financial Services Regulation Committee
Recommendation 188
188
Should the FCA fail to address concerns about the Consumer Duty requirements there is a...
Conclusion
Should the FCA fail to address concerns about the Consumer Duty requirements there is a risk that the FOS may inadvertently fill this gap, potentially creating inconsistencies in interpretation of the Duty’s application.
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗