What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgement.Three years into the Consumer Duty, we’re seeing clear differences between firms that have embedded fair value into their approach and those that still need to strengthen their assessments,...
Contenu original affiche; la traduction localisee n'est pas encore disponible.
Ce qui s'est passé
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgement.Three years into the Consumer Duty, we’re seeing clear differences between firms that have embedded fair value into their approach and those that still need to strengthen their assessments,...
Pourquoi c'est important
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Entités concernées
Voir les preuves
2 articles · 1 publication d'origine · 1 independantes
- Financial Conduct AuthoritySource primaire · Confirme · EN · 100%What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned. ↗
- Financial Conduct AuthoritySource primaire · Confirme · EN · 80%What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned. ↗
Affirmations
- What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned. Observé
Divergences
Aucune divergence importante détectée dans les preuves disponibles.
Chronologie
- Premier signalement
Mouvement de marché suivant l'événement
La réaction du marché n'est pas encore disponible pour cet actif et cette fenêtre.