Two women smiling whilst driving in a convertible in the sun

Toolkit

Body
Introduction

This page is designed to be the "go to" for tools to support the implementation and understanding of Consumer Duty within your business. Here you can find links to resources that are available on the FCA website as well as tools and information we have available in other sections on the HUB. If you require any additional information, please feel free to contact us at consumer.duty@bmwfin.com

Card
Image

Standards Document

Best Practice Guide to a Compliant Sales Process

Consumer Duty Scribble Video

Implementation Plan Resource

The FCA want to ensure firms embed the Consumer Duty effectively and follow a plan which details how firms are going to achieve this even beyond the implementation date in July 2023. As stated in a speech by Nisha Arora, Director of Cross Cutting Policy and Strategy, "The Consumer Duty is not a once and done exercise. Firms need to make sure they are learning and improving continuously."

Here you will find a template you can use to complete key tasks that apply to your business and some guidance notes following a review the FCA conducted of Implementation Plans. Please click on the images below:

Implementation Plan Template

Implementation Plan Notes

Latest News

Never miss a thing

Stay in touch with all the latest news and updates from ALPHERA and the motor finance industry, delivered direct to you.