Analysis

July 11, 2023

Are fintechs ready for the new UK consumer duty?

UK fintechs have until the end of the month to make sure they comply with a sweeping set of regulatory reforms focused on protecting consumers


Amy O'Brien

4 min read

The UK has always been a safe haven for fintechs, thanks to its huge existing financial sector and (mostly) tech-friendly governments. But a sweeping set of regulatory reforms coming into force at the end of this month, designed to better protect customers, is making more than a few fintechs nervous. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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