Consultant Zone

Extension of the Senior Managers & Certification Regime

Extension of the Senior Managers & Certification Regime

In October 2015, HM Treasury announced its intention to extend the Senior Managers and Certification Regime (SM&CR) beyond Banks and Building societies to all firms within the financial services industry. The Financial Conduct Authority (FCA) has now published proposals to extend the regime to almost all regulated firms. It has been widely publicised that the […]