SMCR
UK watchdogs launch Senior Managers and Certification Regime review
As Treasury also unveils a call for evidence on the regulation
65% of SMCR investigations still open
Just two cases have resulted in penalties since the regime was introduced in 2016
Is the Senior Managers & Certification Regime ‘fit for purpose’?
FOI finds that regulation has sparked just one enforcement action in nearly five years
UK financial services register set for 27 July overhaul
Existing list will cease to be available from 6pm on Friday 24 July 2020
UK regulator extends SMCR deadline
But watchdog warns firms not to wait until the last minute