Unveiling the top challenges and priorities for firms tackling Consumer Duty!
In our recent broadcast, Ruleguard's panel shone the spotlight on critical challenges firms face, what progress has been made in the last year, and where firms ought to focus attention to meet the FCA's obligations.
We ran a short survey to discover what challenges and priorities firms face when tackling Consumer Duty.
- 📊Is data the biggest concern for regulated firms?
- 📊Do firms see technology or staff training as their top priority when allocating resources?
Download the full results with analysis from Ruleguard's Head of Risk and Compliance now!
Consumer Duty is ushering in a new era for compliance, with regulators expecting financial services firms to demonstrate a clear and consistent focus on good customer outcomes. Our latest infographic uncovers how teams are preparing for these heightened expectations, including the main barriers they face and the tactics they’re deploying to meet the new requirements on time.
Our survey results reveal that many professionals still feel unprepared to tackle the cultural, operational, and reporting changes demanded by Consumer Duty. However, those leading the way have already begun investing in the right infrastructure, processes, technology, and governance frameworks to monitor and evidence compliance. Explore the infographic to discover how your peers are adapting and discover strategies to keep ahead of the evolving regulatory landscape.
Tune in to our on demand webinar to 'Understand the impact and implementation of the Consumer Duty'.
