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Allen & Overy is an international legal practice and trusted counsel to the world’s leading companies, financial institutions and public sector organisations. In this series of podcasts, our lawyers share their perspectives on today’s most significant global legal, regulatory and commercial issues. Disclaimer: Podcasts are not legal advice. Laws may have changed since a podcast was recorded.
Episodes
Thursday Mar 10, 2022
A new Consumer Duty - what should payments and e-money firms do?
Thursday Mar 10, 2022
Thursday Mar 10, 2022
In this podcast Nikki Johnstone and Jamie Greenwood, members of Allen & Overy's payments regulatory practice, and Claire Haydon from the A&O Consulting team discuss the key legal and practical implications of the latest FCA proposals for the Consumer Duty for payments and e-money firms, including what they need to do to prepare for the April 2023 deadline.
Topics covered in this podcast include:
- What the new Consumer Duty regime is.
- What type of customers the new Consumer Duty applies to.
- What the changes mean for payments and e-money firms in relation to existing and future products.
- Implications for governance and considerations for senior management.
- Top tips - what steps payments and e-money firms should be taking to prepare.