Chris Davies highlights some unintended consequences financial services business should beware when planning and implementing their processes to meet the demands of the SM&CR regime
I have written before about the Senior Managers and Certification Regime (SM&CR) being the most personally impactful piece of regulation to hit retail financial services in decades but what is also apparent...
The forces at play in investment - most obviously, regulatory change, uncertain markets and shifting demographics - are as strong today as they were when Professional Adviser launched its sister magazine Multi-Asset Review in 2017.
Regulator has visited some firms already
Platforms react to Fidelity blocking Income Focus purchases
Chris Hill's letter to Treasury
Cash balance surges