UK watchdogs launch Senior Managers and Certification Regime review
As Treasury also unveils a call for evidence on the regulation
SMCR
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65% of SMCR investigations still open
Just two cases have resulted in penalties since the regime was introduced in 2016
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Is the Senior Managers & Certification Regime ‘fit for purpose’?
FOI finds that regulation has sparked just one enforcement action in nearly five years
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UK financial services register set for 27 July overhaul
Existing list will cease to be available from 6pm on Friday 24 July 2020
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UK regulator extends SMCR deadline
But watchdog warns firms not to wait until the last minute
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How will covid-19 affect SMCR compliance?
Many financial services organisations still stuck in the Dark Ages when it comes to people management
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UK regulators eye SMCR coronavirus relief
To give more time to firms struggling with the pandemic
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Persistently poor DB pension transfer advice vexes FCA
As letter to advisers re-emphasises the watchdog’s expectations
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SMCR burden to hit solo-regulated advice firms hardest
As freeze on FCA register updates means they will likely need to self-report their status
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Industry trade body unveils regulation seminars
Free sessions will give investment managers and financial advisers an opportunity to learn anywhere
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What impact will senior manager changes have on insurers?
All dual-regulated insurance firms now fall under the UK’s Senior Managers and Certification Regime (SMCR)
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No longer in doubt, UK adviser directory gets go ahead
After concerns that client-facing advisers would be excluded from a financial services directory, the Financial Conduct Authority has confirmed that these roles will be included.