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By <a style="color: #4bbb87;" href="https://www.innovatefinance.com/">Innovate Finance</a>
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The Innovate Finance Policy team recently submitted a response to the <a style="color: #4bbb87;" href="https://www.fca.org.uk/publications/consultation-papers/cp21-13-new-consumer-duty" target="_blank" rel="noopener noreferrer" data-saferedirecturl="https://www.google.com/url?q=https://www.fca.org.uk/publications/consultation-papers/cp21-13-new-consumer-duty&amp;source=gmail&amp;ust=1628779587571000&amp;usg=AFQjCNFMZ7ZakROsEGCC9PAUt_9ldJobng">FCA's consultation on proposals for a new Consumer Duty. </a>
We welcome the thrust of the FCA’s new Consumer Duty proposals, which will do much to enhance consumer protection. Nevertheless, there were a few areas where we think the new Duty should take into account the specific needs of FinTech.
<a style="color: #4bbb87;" href="https://www.innovatefinance.com/wp-content/uploads/2021/08/innovate-finance-response-to-fca-cp21-13-a-new-consumer-duty.pdf">Read our response:</a>