Regulatory Alerts2021-06-29
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PS21/15: Regulation of funeral plans: Feedback to CP21/20 and final rules
The Financial Conduct Authority issued Policy Statement PS21/15 to provide feedback on consultation CP21/20 and establish final rules regarding the regulation of funeral plans. The document outlines the regulator's response to stakeholder comments and implements definitive requirements for firms offering funeral plan contracts. These rules aim to enhance consumer protection and ensure the stability of the funeral plan market through stricter regulatory oversight.
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