The FCA's Senior Managers and Certification Regime brings a need for self-regulation, writes Chris Davies. And senior managers within retail investment advisers (RIAs) and wealth management firms will need to ensure they can prove they have their finger on the pulse for governance, risk and compliance within their businesses …
The introduction of this regulation marks a profound change where the burden of proof under the Approved Persons Regime (APER) is with the regulator. This shift means the C-suite and Compliance officers...
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%