In November 2017, we published Our Future Approach to Consumers consultation paper. This was the start of a discussion with our many stakeholders on our Approach to regulating for retail consumers. We received a wide range of responses and we have used the responses to inform our Approach to Consumers and feedback statement.
Our Approach to Consumers document, published today, aims to address concerns raised in the feedback to the consultation. It sets out our vision for well-functioning markets for consumers and the conditions we want to see to achieve this. We also explain how we use our powers and tools to protect consumers, and commit to review and adapt these to ensure we achieve the greatest impact for consumers.
To address the key challenges:
We welcome views, continuing discussion and communication on how we can achieve our vision and deliver our consumer protection objective even more effectively for consumers now and in the future.
To get in touch, please contact us at [email protected]