Firms have a responsibility to reasonably ensure staff are ‘fit and proper’ to carry out their roles. What should firms be doing to implement the FCA’s fitness and propriety requirements?
Certification Staff and the Financial Services Register
The FCA plans to publish and maintain a directory of certificated persons on the Financial Services Register. Bruce Fayle explains how firms should submit the details of their certification regime staff.
The Purpose of Regulation and SM&CR
Kirk Ford provides a timely reminder about the purpose of regulation and the ethos behind the Senior Managers and Certification Regime.
FCA Provides Guidance on SM&CR Training Requirements
The FCA has provided guidance on what it considers to be good practice and poor practice in regards to Conduct Rules training and fitness and propriety assessments.
Fostering Positive Organisational Culture in a Changing World
Covid-19 has caused a radical change to our working lives. What impact will the pandemic have on organisational culture in financial services?
SM&CR and Coronavirus – The FCA’s Expectations of Solo-Regulated Firms
The FCA has published its expectations to help solo-regulated firms apply SM&CR during the coronavirus outbreak.
Delegation and the Conduct Rules
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?
FCA is Encouraging Firms to Develop Purposeful Cultures
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.
SM&CR – Implementing Lasting Change
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?