Senior staff will soon face potentially unlimited fines if they fail to meet conduct standards under incoming rules that have already enabled the FCA to "bare its teeth" in efforts to transform the culture of the markets it regulates.
The Senior Managers & Certification Regime (SM&CR) will apply to the wider financial services sector from 9 December 2019, placing upon it new administrative, regulatory and conduct requirements that banks...
Systems, controls, governance and culture
Following more reviews
Beyond the FCA's seven considerations
‘Ensure vulnerability is taken seriously’
For smaller and medium firms
'There will be more consolidation'
Fee-based revenue fell 13%