Hot topics: review of SM&CR | Practical Law

Hot topics: review of SM&CR | Practical Law

A note providing an overview of HM Treasury, the FCA and the PRA review of the senior managers and certification regime (SM&CR). HM Treasury is focusing on the legislative aspects under the Financial Services and Markets Act 2000 (FSMA), while the FCA and the PRA are reviewing the operational aspects of the regime. The note will also track future developments as the review progresses.

Hot topics: review of SM&CR

Practical Law UK Practice Note w-039-3600 (Approx. 10 pages)

Hot topics: review of SM&CR

MaintainedUnited Kingdom
A note providing an overview of HM Treasury, the FCA and the PRA review of the senior managers and certification regime (SM&CR). HM Treasury is focusing on the legislative aspects under the Financial Services and Markets Act 2000 (FSMA), while the FCA and the PRA are reviewing the operational aspects of the regime. The note will also track future developments as the review progresses.