Firms must respond to FCA pricing reform survey by 9 August
The watchdog, which announced new rules earlier this year, is canvassing brokers about their readiness to implement the remedies.
The Financial Conduct authority (FCA) is surveying firms to assess how they are preparing for the implementation of new rules around dual pricing.
The regulator said in a communication to companies last week: “Firms will have 15 working days to respond and should respond no later than 9 August 2021.
“While we are not seeking this information under our formal information-gathering powers, we expect firms to complete it.”
The piece of work aims to determine if firms will be ready to implement
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