Article summary
The Financial Conduct Authority (FCA) has published policy statement PS24/8: Access to Cash Feedback to consultation paper CP23/29 and final rules. It sets out rules and guidance for a new regulatory regime to support access to cash for consumers and businesses. The Financial Services and Markets Act (FSMA) 2023 set out Parliament’s intention to protect access to cash and gave the FCA a new remit and powers for this purpose.
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