[INSIGHTS] Borrowers in Financial Difficulty

Kevin Still provides an update on the evolving landscape of consumer duty and borrowers facing financial difficulty, primarily focusing on regulatory changes and challenges in the financial industry. He touches upon recent speeches from the Financial Conduct Authority (FCA) emphasizing consumer duty, the ongoing efforts to address the cost of living and vulnerability issues, and forthcoming changes to the FCA handbook. The discussion delves into the need for better affordability assessments, vu...

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