If you have FCA permission to carry out regulated activities in relation to consumer credit, the new Consumer Duty will apply to you. Alice Overton will share details of the new duty, the FCA’s expectations (for housing associations in particular) and what you need to do before it comes into force in July 2023.
Topics Covered:
- New Consumer Duty:
1. What is the new duty?
2. How can RPs adapt current procedures to meet the requirements?
3. What will you need to do? - Consumer Credit General:
1. Hot topics.
2. SMCR update.
3. Applications and approvals from the FCA. - Economic Crime Levy:
1. What is the new Economic Crime Levy and does it apply to RPs?
2. What do you need to do?
Speakers:
Alice Overton, Partner, Banking, Capital Markets & Property Charging
Alice is a Partner in our Banking, Governance and Corporate team.
Alice qualified into the Banking, Corporate and Governance team in October 2014 having completed her training contract at Devonshires Solicitors. Alice advises on a wide range of transactions including bond issues, private placements, financial due diligence, loan security arrangements, intra-group funding on the banking side.
Matthew Garbutt, Solicitor, Litigation & Dispute Resolution
Matthew advises on high value contractual disputes including PFI, IT and supplier contracts, as well as tortious claims for a broad range of clients. He also specialises in serious criminal cases including historical serious crime and money laundering, as well as providing invaluable guidance in commercial fraud investigations.
