Consumer Duty board reports: are firms prepared for the July 2024 deadline?
The UK Financial Conduct Authority’s (FCA) Consumer Duty, a new outcomes-based regulation for financial services firms, has now been in force for over six months. July 2024 will see the deadline for the first annual Consumer Duty board reports. We share our reflections on the importance of these documents and… Read More
Adaptive planning: a proven solution in uncertain times
Ofgem published its Sector Specific Methodology Consultation (SSMC) for the RIIO-3 price control in December 2023. Over the past three months, networks have been engaging with Ofgem to prepare their submissions as responses to the SSMC. In reviewing the SSMC, Oxera had noted1 the need to support ‘the… Read More