Authorisation, approval and supervision

HM Treasury publishes response to consultation on Senior Managers & Certification Regime 

HM Treasury has issued its feedback on responses received to its consultation on a Senior Managers & Certification Regime (SM&CR) for financial market infrastructures. The consultation sought views on the proposal to create an SM&CR for certain FMIs regulated by the Bank of England, and on its proposed design. The consultation ran from 20 July …

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TISA publishes new SM&CR guide for FCA solo-regulated firms

The Investing and Saving Alliance (TISA) working group on the Senior Manager & Certification Regime (SM&CR) has published a guide for solo-regulated firms in advance of the SM&CR extension. TISA does not consider that industry is ready to take the SM&CR into business as usual (BAU) and has therefore published the guide entitled ‘Don’t let …

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