On 6 February 2019, the FCA added a “next steps” section to its webpage on Discussion Paper 18/5 which discusses the case for and against introducing a duty of care on firms as well as seeking views on what form it might take. The deadline for comments on the Discussion Paper was 2 November 2018. The FCA states that it is carefully reviewing the responses to the Discussion Paper and will announce its next steps in Spring 2019.
FCA to announce next steps on its work on the duty of care in the Spring
Posted in Regulation and compliance, United Kingdom
