No new rules; the FCA's approach is to double down on the existing outcomes-based approach, with Consumer Duty, SMCR, and operational resilience frameworks remaining at the forefront.
FCA SMCR
The Senior Managers and Certification Regime (SMCR) is a financial services regulation designed to impose personal accountability on senior managers at financial services firms and improve the conduct of all employees at these firms.
Overview
Latest News
Further Reading
Recent developments in crypto crime; can the law and regulators keep up?
Forget the playbook of absolute risk aversion; the FCA is officially daring compliance to stop gold-plating the rules and start embracing responsible risk.
Insights from the recent hedge funds event at Global Relay’s London offices. We discuss the change, the pain, and offer up some advice.
Our regular roundup of the latest news and developments from the FCA.
The new guidance provides a formal regulatory definition, centering on bullying, harassment, and violence.
Latest changes are the first phase of a multi-stage package of reform from the government and regulators.
Implications for principals and ARs.
Further Reading
