In today’s bulletin:
General update Does your Financial Crime Policy cover Money Mules? FCA update on open banking including Variable Recurring Payments Customer vulnerability disclosures in the supply chain Scottish Debt Solutions - Q3 2024/25 Personal Insolvency statistics for 2024 FOS Strategic plans and budget Collaborations Events
General update The BBC has reported that US President Donald Trump has said PM Sir Keir Starmer has done a "very good job thus far" and that the pair have a "very good relationship". As the FCA continue to focus on the culture and governance of firms required to comply with the Consumer Duty, the lack of sincerity on the political front continues with many worrying developments that firms struggle to anticipate depending on your business model. Trump has been urged by Jonathan Reynolds not to put massive tariffs on UK. The BBC has also featured an article entitled ‘growth at all costs’. This comes after the announcement that the cost of replacing more ...
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