FCA Discussion Paper on a duty of care and potential alternative approaches (DP18/5)
Consultation period closed on 02 November 2018
The FCA is keen to determine the best way to combat stakeholder concern over regulatory gaps that lead to consumer detriment. The FCA has published the discussion paper to better understand whether there is a gap in our regulatory and legal framework, or the way it is applied in practice, that could be addressed by introducing a New Duty.
The Council welcomes members’ views on the proposed new Duty of Care, as well as any other aspects of the discussion paper members would like the Council to respond to.
Please submit any written feedback to Sean Smith, Head of Public Affairs, [email protected] by 4 October 2018.
A conference call can be arranged if members would prefer to input by phone.