Rolling regulation forwards

Rolling regulation forwards

Speech

Rolling regulation forwards

In his November 2022 address to UK Finance, Nikhil Rathi defined the Consumer Duty as the centerpiece of a new era in regulation—one designed to restore public confidence by moving the onus onto firms to deliver good outcomes. He envisioned the Duty not just as a retail standard, but as a framework to manage the entry of Big Tech and the rapid adoption of Artificial Intelligence.

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