Publication
GCR Guide to Data & Antitrust – Competition law and data
Miranda Cole and Francesco Salis from our Brussels office are the authors of a chapter on the evolving view of data in the application of competition law.
United Kingdom | Publication | August 2022
The FCA has been clear that implementing the new Consumer Duty will require a cultural shift at many firms. This new package of rules and guidance raises the bar both for firms and individuals in connection with the provision of financial services and products to retail customers. In its policy statement, the FCA has maintained its approach to the calibration of the new Duty in many areas, with a small number of significant changes in approach.
The implementation timetable is one such change. Whilst the FCA has extended the timetable, there are two new key milestones. By 31 October 2022, a firm’s board or equivalent management body must have approved its implementation plan for the new Consumer Duty. This will be challenging for many firms to meet, particularly those which are larger in scale, with more complex organisational structures or more expansive ranges of in-scope products and services.
Our briefing note: ‘The new Consumer Duty: implementation milestones and what they mean for your firm’ has more information.
We have assembled a Toolkit to assist firms to meet the FCA’s expectations around the approval of an implementation plan by 31 October.
To receive more information on the Toolkit, please use the link below, and our team will be in touch.
Register here to receive more information on our Implementation Toolkit
Publication
Miranda Cole and Francesco Salis from our Brussels office are the authors of a chapter on the evolving view of data in the application of competition law.
Publication
Miranda Cole, Lara White and Christoph Ritzer from our Brussels, London and Frankfurt offices are the authors of a chapter on how the interplay between competition and privacy law is affecting online advertising.
Publication
Unannounced inspections by competition authorities, usually called “dawn raids”, are undoubtably one of the most efficient tools for collecting evidence and enforcing competition rules. They are also an area where investigators test (and sometimes exceed) the boundaries of companies’ procedural rights.
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