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Conduct takes center stage with SMCR and non-financial-misconduct proposals

City workers walk across London Bridge past lit up offices in the evening on October 30, 2025 in London, United Kingdom.
Photo: John Keeble/Getty Images

Tom de Ville, Ocorian; Eddy Burchett, Ocorian

3 min read

The FCA, Treasury, and PRA are tabling proposed changes to the SMCR, alongside raising standards around non-financial misconduct.

At her recent Mansion House speech, Rachel Reeves announced her intention to streamline the Senior Managers

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