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This workshop is now sold out
The FCA’s proposals for a new Consumer Duty hold far-reaching implications for financial services providers across the different markets. The Consumer Duty isn’t about ticking boxes on a checklist; it is about embedding the customer perspective at the heart of your business and business model.
This interactive workshop will focus on the practical actions that you can undertake to prepare your organisation and the board for the incoming Consumer Duty.
You can expect to develop the new skills and perspectives required to embed the customer perspective and demonstrate evidence of this to the regulator. For example, the focus on showing the distribution of customer outcomes in MI and demonstrating effective customer communications.
The practical training will focus on how to apply and embed the relevant tools in your organisation, such as behavioural economics, data analytics and science, and business model analysis.
We will discuss how the proposals might change in the Policy Statement, and the nuances of the handbook text versus the guidance.
Learning outcomes:
This interactive workshop will have the following Agenda:
Partner and Head of Financial Services, Oxera
Reinder has more than 20 years of professional experience in applying economics in the context of regulatory and supervisory investigations, competiti...
Reinder has more than 20 years of professional experience in applying economics in the context of regulatory and supervisory investigations, competition and market investigations, mergers and acquisitions, and litigation cases.
He leads Oxera’s work in financial services and has advised major retail and investment banks, lenders, insurers and re-insurers, securities exchanges and other FMIs, payment system companies, fund managers, and distributors.
Reinder has been involved in competition, regulatory, supervisory and market investigations, and has provided written and oral evidence. He is listed in The International Who’s Who of Competition Lawyers & Economists and has delivered training courses to the various regulatory authorities, including the FCA, government departments, financial services companies and law firms.
Senior Advisor, Oxera
Peter was the Chief Economist of the FCA until early 2017, leading a substantial economics practice at the regulator for over twenty years. Peter led...
Peter was the Chief Economist of the FCA until early 2017, leading a substantial economics practice at the regulator for over twenty years.
Peter led many original research projects in such as competition, capital, wholesale risk issues (e.g. shadow banking) and retail conduct, including behavioural economics. Many of the projects were important contributions to the FCA's programme of Competition Market Studies and to the wider debate on financial services, both in the UK and around the world.
Peter is the author of books, chapters and papers on regulation, economics and banking. He is Member of Institute of Chartered Accountants in England and Wales, and the Chartered Institute of Securities and Investment.
Senior Consultant, Oxera
Tim is a Senior Consultant in our Financial Services Regulation practice, specialising in behavioural economics. Tim has advised a number of financial...
Tim is a Senior Consultant in our Financial Services Regulation practice, specialising in behavioural economics. Tim has advised a number of financial services providers on the fairness of their pricing strategies and product design, providing practical assessments of fairness. He has experience across financial services, including insurance, consumer credit, retail banking, and pensions. Tim regularly delivers training on behavioural economics, and he has published articles on applying behavioural economics to regulation. Prior to joining Oxera, Tim worked at another consultancy where he specialised in regulation. He holds MSc Behavioural Economics
Consultant, Oxera
Minyoung is a data scientist, specialising in using advanced data analytics to unlock new insights into customer outcomes and behaviour. Her work in t...
Minyoung is a data scientist, specialising in using advanced data analytics to unlock new insights into customer outcomes and behaviour. Her work in the financial services sector centres on quantifying the consumer impact of changes in distribution channels, product design, regulation, and competitive conditions.
Prior to joining Oxera from academia, she was a research fellow and lectured at Barcelona School of Economics, where she received grants on her research projects estimating impact of financial policy in Spanish housing market during the Global Financial Crisis of 2008.
We are Europe's leading economics consultancy in financial services, with a reputation for independence, integrity and analytical excellence. We combi...
We are Europe's leading economics consultancy in financial services, with a reputation for independence, integrity and analytical excellence. We combine economic and finance skills with extensive industry experience. We have more than 150 economists and finance experts, industry practitioners, and former regulators.
Oxera advises supervisory and market investigations, section 166 reviews, and authorisations.
Oxera has also advised regulators including the FCA and designed and delivered training programmes for regulators, public bodies, law firms, and corporates.
We have extensive experience in informing the design of regulation and thinking of regulatory authorities. We advised on all major European and UK regulatory and competition investigations in financial services and have extensive experience in preparing firms for supervision and authorisation.
We combine our core skills (competition economics, finance, modelling and behavioural economics) with creative thinking to advise on regulatory strategy and deliver innovative and practical solutions for clients.
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