The Senior Managers & Certification Regime (SM%CR) has led to 34 investigations by the Financial Conduct Authority (FCA) and just one successful enforcement action since it came into force in 2016, suggesting the landmark regulation “might not have the right tools for the job”, new research suggests.
With many of the requirements applicable to dual-regulated asset and wealth management sector firms as of December 2019, SM&CR introduces new administrative, regulatory and conduct rules that banks and...
Overhaul of transparency guidance urged
Missed out on investment gains
Guaranteed returns and 26 complaints: A cold calling campaign that saw £870k in poorly transferred pensions
Cold calls and home visits
Complaints data for 2020/21
US food retailer set to be reinstated
Fund soft-closed in 2013 as assets swelled to £3bn
Muna Yassin of Fair Finance also honoured
Opportunities and drivers
Year ended 31 March 2021