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Stock impact report

Scotland-based Financial Regulation Innovation Lab reveals winners [Yahoo! Finance]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Yahoo! Finance
The six-week programme concluded on 15 January with a Showcase Day, where 21 fintechs presented solutions to the challenge. The aim? To help consumers make informed financial decisions and access more tailored wealth support, while keeping pace with evolving regulation. The programme runs against the backdrop of the joint HM Treasury-Financial Conduct Authority (FCA) Advice Guidance Boundary Review (AGBR). This seeks to help close the UK's advice gap by clarifying how firms can provide more meaningful support under the Consumer Duty. The participants took part in workshops and deep dive sessions to develop, refine and tailor their propositions to real world industry needs and potential pilots with partners. The FCA was involved throughout and provided both valuable clarity and guidance. The Innovation Call was delivered with the support of ten strategic partners: PwC, Barclays, Lloyds Banking Group, Sopra Steria Financial Services, NatWest Group, M&G, BNP Paribas, Dudley Building Show less Read more
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