The FCA recently published its near final rules on extending the Senior Managers and Certification Regime (SMCR) to all FCA firms and to insurers. HM Treasury has decided that the regime for solo-regulated firms will commence on 9 December 2019, and the FCA advised insurers to start preparing for commencement on 10 December 2018.
DLA Piper has launched a new Accountability Regime online portal for further information on understanding and implementing the new SMCR
Lead contact: Michael McKee
Other contact: Chris Whittaker