39 Results found.

A Compliance Christmas Carol

Insight — 17/12/18
Ebenezer Scrooge is undoubtedly one of the most infamous bankers to ever spring forth from the pages of a book. “Hard and sharp as flint, from which no steel had ever struck out generous fire; secret, and self-contained, and solitary as an oyster.” Charles Dickens, A Christmas Carol, 1843 Althou

What’s on the culture and conduct horizon for 2018

Insight — 15/01/18
2017 ended on a wave of regulatory scrutiny of firms’ conduct and culture, which will continue into 2018. In the days of the Financial Services Authority (FSA), the focus was on complying with prescribed rules and building controls around them. The FCA then sought to move the focus to a higher pla

Four steps for getting ahead on SMCR

Insight — 08/01/18
47,000 firms across financial services will be impacted by the extension of the Senior Managers and Certification Regime (SMCR) when it comes into force. SMCR will strengthen the regulator’s focus on individual accountability, culture and governance. Although we are still awaiting the final rules,

How is the SMCR Shaping Up?

Insight — 29/12/17
The extension of the Senior Managers and Certification Regime (SMCR) will impact approximately 47,000 firms across the breadth of the industry and the FCA’s latest consultation (CP17/42) provides the clearest indication of how the regime will be rolled out across the industry.   Why is the regime

Transitioning to SMCR

Insight — 31/07/17
You may already be familiar with the Senior Managers and Certification Regime (SMCR), which came into force in March 2016, bringing a number of policy changes focused on increasing individual accountability in the banking sector.  In May of the same year, Parliament also amended the Financial Servi