Directors feel the heat following increased FCA scrutiny
20th May 2019
Compliance
Financial Crime
Directors feel the heat following increased FCA scrutiny
20th May 2019
Compliance
Financial Crime
Two thirds of IFAs plan to seek outside help and guidance ahead of December’s deadline. IFAs want to fully understand their duty of responsibility under the upcoming Senior Managers and Certification Regime, research shows. Two thirds of IFAs who attended the firm’s recent workshops admitted they’ll still be looking for outside help and guidance before finalising training support or materials ahead of December’s deadline. Alongside new responsibilities, advisers want to know what the ‘reasonable steps’ discussed by the FCA could look like in practice, what training would be required, and a further explanation of the code of conduct rules. https://www.financialreporter.co.uk/regulation/ifas-seeking-outside-help-and-guidance-on-smcr.html
Related news
FCA SMCR deadline extension: Some relief, but still much to consider
1st July 2020
Demystifying SMCR
18th May 2020
