The FCA’s SM&CR Stocktake: with a few months to go what does it mean for Investment Managers?
Earlier this year the FCA conducted its first comprehensive review into how SM&CR is working across the banking industry, 3 years on from implementation. The regulator wanted to better understand how the SM&CR has embedded in the banking sector in the 3 years since it was introduced. Investment Managers can learn much from those that have gone before them with SM&CR.
In particular the FCA reviewed, and this webinar will focus on:
- Senior manager accountability
- Regulatory references
- Conduct rules
- The impact of SM&CR on culture
- Unintended consequences
- Embedding of the regime and overcoming initial implementation issues