BCOBS 2A Optional additional products and solutions BCOBS 2A.one Restriction on promoting or delivering an optional product or service for which a payment is payable
The anti-greenwashing rule are going to be extra to the ESG Sourcebook at ESG 4.3.1R and needs corporations to make certain any reference into the sustainability features of the services or products is consistent with the sustainability attributes of the products or services and is also fair, clear, and never deceptive. "Sustainability" refers to the two environmental and social sustainability.
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UKLR six Annex 1R Details over the range of your people today on a outlined firm’s board and in its government administration
The final guidance closely follows the draft guidance. The first areas of feedback to your draft guidance associated with requests for additional illustrations and clearer explanations on the FCA’s expectations, especially concerning the scope in the anti-greenwashing rule and its conversation with other portions of the FCA Handbook. During this website article, we summarise the key places to note with regard on the final guidance.
It expects firms to ascertain, assess and periodically review their particular assessment insurance policies and procedures, employing a wide range of open up supply and professional datasets to inform its evaluation.
In March 2025, we revealed findings from our evaluation of firms’ cure of shoppers in vulnerable situations, along with very good exercise and spots for improvement to support firms in offering good outcomes for purchasers.
The features involve metrics connected to the corporation’s transition prepare and frequent reporting against these metrics, which happen to be independently confirmed. The FCA also involves an instance to help display how statements about social features can be thought of misleading.
MCOB 2.6A Preserving buyer’s interests: controlled home loan contracts, property obtain plans, household reversion options and controlled sale and rent again agreements
* This post is present-day as from the date of its publication and won't essentially reflect the present condition with the regulation or related regulation.
This locations British isles legislation at a ways in check here the EU’s 4th and fifth AML Directives, which continue to mandate a uniform EDD regime for all PEPs devoid of distinguishing amongst domestic and overseas publicity.
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It is important for all companies to grasp the desires of susceptible shoppers and make any variations required to meet the standards set by our present Concepts for Enterprises (Concepts).
It sets out what firms should do to meet Those people benchmarks. Though companies are certainly not certain to adopt or follow any of the precise actions described During this Guidance, they need to satisfy the standards established by our Ideas and deal with customers quite.