6 Jan 2020
A new regulatory regime is beginning – is your firm ready?
The FCA has extended the Senior Managers and Certification Regime (SM&CR) to all solo-regulated firms from 9 December 2019. All Senior Managers will need to be approved while other key staff will need to be certified as suitable at least annually. Firms have 12 months to:
• Complete the initial certification process
• Train your other staff on the Conduct Rules
There are a number of key considerations for advice firms, all of which are contained within FundsNetwork’s summary.