SM&CR

The FCA has published its expectations to help solo-regulated firms apply SM&CR during the coronavirus outbreak.

Under SM&CR, Senior Managers must ensure that, where they delegate their responsibilities, this is to an appropriate person and that they oversee this effectively. What does responsible and effective delegation look like in practice?

The FCA has published a discussion paper on driving purposeful cultures in financial services. It aims to encourage firms to embed healthy purposeful cultures which will lead to good outcomes for customers, employees and investors.

It’s been over a month since the arrival of SM&CR. How can firms ensure that SM&CR becomes ‘business as usual’ in 2020, and not something they need to be concerned about?

The team at RWA has compiled its quarterly review of the FCA’s communication documents, covering the period from October to December 2019. Take a look and keep up to date with the latest FCA documentation.

The FCA has issued a ‘Dear CEO’ letter warning managers in general insurance to be proactive in tackling issues of non-financial misconduct.

2019 in the general insurance world, saw the extension of the Senior Managers and Certification Regime (SM&CR) to FCA solo-regulated firms. What impact will this have and what can we expect on the regulatory horizon?

Have you completed your CPD hours for this year? Avoid a last-minute rush and prioritise your professional development sooner rather than later.

On the 9^th of December 2019, SM&CR was extended to FCA solo-regulated firms. In this article, we bring together our SM&CR-focused articles from throughout the year.