Tag:Accountability

1
Europe: Here’s Your Chance to Improve the UK’s Senior Managers and Certification Regime

Europe: Here’s Your Chance to Improve the UK’s Senior Managers and Certification Regime

By Samuel Gordon

The FCA, PRA and UK Government are looking for feedback by 1 June 2023 to guide potential changes to the Senior Managers and Certification Regime (SMCR), the UK’s regime designed to improve individual accountability and conduct standards of (mostly) senior personnel in financial services firms. To this end, the FCA and PRA jointly published a discussion paper on 30 March and HM Treasury published a call for evidence.

Read More

Copyright © 2024, K&L Gates LLP. All Rights Reserved.