Liz Coyle: Your Senior Managers & Certification Regime refresher

Regulatory update

clock • 4 min read

Given the regulatory upheavals of the first half of 2018, the Senior Managers & Certification Regime may have slipped to the back of your mind. Here Liz Coyle recaps the key aspects of next year's big rules change

2018 began with a metaphorical tsunami of regulation and policy change and so it would understandable if the Senior Managers & Certification Regime (SM&CR) - still awaiting a final Policy Statement and not due to be implemented until mid to late 2019 - may have slipped to the back of your mental queue. That being so, it seemed useful to remind you of the key points and purpose of the SM&CR and bring you up to date with the latest - at the time of writing - developments. Let's start at the beginning … What is the SM&CR? The aim of the SM&CR is to reduce harm to consumers and strength...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Agile IT needed as rapid regulation change becomes the norm

Agile IT needed as rapid regulation change becomes the norm

'Gone are the lengthy consultation and rule-setting cycles that often took several years'

Paul Muir
clock 15 April 2024 • 6 min read
Leveling up the playing field when it comes to picking skilled persons

Leveling up the playing field when it comes to picking skilled persons

Given the prerequisite for accuracy, a rigorous selection process is essential

Richard Farr
clock 15 April 2024 • 4 min read
A practical way forward: Utilising hybrid to close the advice gap

A practical way forward: Utilising hybrid to close the advice gap

Will the FCA's advice/guidance review increase access to advice?

Chet Velani
clock 02 April 2024 • 6 min read