From 31 July 2023, the new Consumer Duty applies to all new and existing regulated financial products or services that are open to sale and renewal. This will extend to closed products or services from 31 July 2024. Head of Dispute Resolution Robin Henry and Associate Abbie Coleman comment on the new Consumer Duty ‘package’ which includes a new FCA principle, cross-cutting rules and four specific outcomes.

From 31 July 2023, the new Consumer Duty applies to all new and existing regulated financial products or services that are open to sale and renewal. This will extend to closed products or services from 31 July 2024. Head of Dispute Resolution Robin Henry and Associate Abbie Coleman comment on the new Consumer Duty ‘package’ which includes a new FCA principle, cross-cutting rules and four specific outcomes.

From 31 July 2023, the new Consumer Duty applies to all new and existing regulated financial products or services that are open to sale and renewal. This will extend to closed products or services from 31 July 2024.&nbsp;Head of Dispute Resolution Robin Henry and Associate Abbie Coleman comment on the new Consumer Duty ‘package’ which includes a new FCA principle, cross-cutting rules and four specific outcomes.

The new FCA Consumer Duty

<div>When it comes to commercial relationships, it is inevitable that disagreements will occur from time to time, even when you own or are responsible for the running of a well-operating, cohesive business. Join our lawyers as they discuss various topics around litigation and how to achieve the best possible outcome for your business. &nbsp; Disclaimer: This content is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this material.</div>

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When it comes to commercial relationships, it is inevitable that disagreements will occur from time to time, even when you own or are responsible for the running of a well-operating, cohesive business. Join our lawyers as they discuss various topics around litigation and how to achieve the best possible outcome for your business.   Disclaimer: This content is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this material.

When it comes to commercial relationships, it is inevitable that disagreements will occur from time to time, even when you own or are responsible for the running of a well-operating, cohesive business. Join our lawyers as they discuss various topics around litigation and how to achieve the best possible outcome for your business. &nbsp; Disclaimer: This content is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this material.

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The new FCA Consumer Duty

The new FCA Consumer Duty