Tag: Consumer Duty

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Unlocking Wealth Management Growth Through Consumer Duty and AI

Spokesperson: Bronswe Cheung, Partner, L.E.K. Consulting Consumer Duty is reshaping the wealth management industry. In the UK, Consumer Duty is a set of regulations issued...

Building Compliance into Business Culture is Essential in Fintech

Tetyana Golovata, Head of Regulatory Compliance at IFX Payments Regulation plays a critical role in shaping the fintech landscape. From Consumer Duty and FCA annual...

In the Era of Consumer Duty, Financial Firms Must Harness Data Driven Insights to Better Understand Their Customers

Derek Boorsma, Head of Financial Services, UK&I at Celonis   The Financial Conduct Authority (FCA)’s Consumer Duty standards have marked a seismic shift in the way...