CP20/1: Introducing a Single Easy Access Rate for cash savings

The Financial Conduct Authority issued consultation paper CP20/1 to propose the introduction of a Single Easy Access Rate for cash savings products. This initiative aims to simplify the savings market by replacing multiple rates with a single standard rate for easy access accounts. The consultation period for this proposal ran from January 9, 2020, to November 4, 2020.

United Kingdom

Financial Conduct Authority

Discussion Paper: DP18/6

25/07/2018

Consultation opens: CP20/1

09/01/2020

Consultation stopped

04/11/2020