Chris Davies: Competence, conduct and culture

The changes that accompany the FCA's extended SM&CR deadline are: The date the conduct rules go into effect for employees who are not senior managers, certification staff or board directors; The date relevant employees are required to have received training on the conduct rules; The deadline for submission of information about directory persons to the Financial Services Register (Register); The requirement for firms to assess certified persons as fit and proper; and The deadline for claims management companies (CMC) by an equivalent period. A CMC that received full authorizatio...