Tag Archives: consumer protection

Compromises – some thoughts on the FCA’s guidance

The FCA has issued Finalised Guidance on its approach to compromises for regulated firms (FG22/4; July 2022). It says that this is in the context of the increase it’s seeing in the number of firms proposing compromises to deal with significant liabilities to consumers, particularly redress liabilities. Compromises are arrangements between a firm and its […]

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