The Financial Conduct Authority has launched a review into the Senior Managers and Certification Regime (SMCR) and has opened a consultation where firms can submit feedback to help identify potential changes.
The Truth Will Out – The Importance of Regulatory References
A recent Supreme Court hearing has highlighted the importance of properly verifying a candidate’s qualifications and suitability for a post. Are you aware of the requirements for regulatory referencing under SM&CR?
Conduct Rules – A Reminder
Our Development Zone Course of the Month for April is ‘SM&CR – Individual Conduct Rules’. The Conduct Rules set out the basic standards of personal conduct that individuals working in financial services are expected to abide by and apply to almost all staff who carry out financial services roles within a firm.
Conduct Rules Training – Understanding the Requirements
The Conduct Rules apply to almost all staff who carry out financial services roles within a firm. Is your firm aware of the training requirements?
Building Culture and Compliance
Ensuring that compliance is embedded into an organisation’s structure is vital to determining a business’ success. But how can businesses ensure that they are cultivating the right culture in the workplace?
Warning for firms who have failed to comply with SM&CR
Are you compliant with SM&CR? The regulator has reminded firms who have not submitted details of Directory Persons to the Financial Services Register.
Fitness, Propriety and Conduct in Financial Services
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.