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FCA to review how financial firms implement conduct rules

The compliance review to be launched over the next few weeks will look at what role finance firms play in influencing consumer behaviour

The Financial Conduct Authority is planning an assessment of how financial services firms interpret and implement its rulebook, it was announced today.

The review, announced in a speech at the Future of Financial Services conference, will be launched this spring and look at how financial firms implement conduct rules. It will also consider how much responsibility lies with consumers for their buying and selling decisions, and what role companies play in influencing consumer behaviour.

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