FCA SMCR

Implications for principals and ARs.

The most dangerous phrase in a boardroom isn’t "we’re losing money" – it’s "we all agree."

The review represents a shift from monitoring AI to assessing long-term impact on markets and consumers.

Regulatory topics that will have a significant impact on institutions operating in the UK financial services sector this year.

There is more to agreeing to disagree than you may have thought.

The proposals address well-documented concerns about opacity, reliability, and independence in the ESG ratings market.

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

The FCA plans to extend the High-Level Standards in the FCA Handbook to cryptoasset firms in line with FSMA-authorized entities.