Being better informed: August 2023

The pace of regulatory change showed no sign of slowing down in July, with the Chancellor announcing a series of reforms in his Mansion House speech which take forward delivery of the UK’s new regulatory framework. Meanwhile the FCA continues to advance the Government’s Wholesale Markets Review, with a consultation setting out proposals for a UK Consolidated Tape. In the retail space, the Consumer Duty came into force at the end of July, marking a significant change in regulatory standards and expectations. The FCA marked the date by announcing a suite of actions which aim to improve value in the cash savings market.

Download this edition of Being better informed to read more on these developments and for a comprehensive summary of all the regulatory updates from the past month.