Regulatory Alerts2018-05-16
Added · Updated
GC18/2: Open consultation on fairness of variation terms in financial services consumer contracts
The UK Financial Conduct Authority issued consultation paper GC18/2 to assess the fairness of variation terms within financial services consumer contracts. The regulator sought stakeholder feedback on whether these terms allow providers to change contract conditions without sufficient justification or notice. The consultation process concluded in September 2018, leading to the publication of finalised guidance in December 2018 to clarify regulatory expectations for firms.
Open consultation: GC18/2
17/05/2018
Consultation closed
07/09/2018
Finalised Guidance
19/12/2018
19/12/2018
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