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

Targeted Support: One-off firm costs could approach £69m

Targeted Support: One-off firm costs could approach £69m

One firm estimated IT costs of £1m a year alone

Jen Frost
clock 01 July 2025 • 3 min read
Holly Mackay on targeted support: Do you want fries with that?

Holly Mackay on targeted support: Do you want fries with that?

'This does not compete with financial advice. It's an early stepping stone on the advice journey'

Holly Mackay
clock 30 June 2025 • 4 min read
FCA scraps standalone simplified advice regime

FCA scraps standalone simplified advice regime

Regulator will look to amend existing rules

Sahar Nazir
clock 30 June 2025 • 3 min read