The Senior Manager and Certification Regime (SM&CR) applies to almost every UK solo-regulated firm, from very small firms (including sole traders and limited permission consumer credit firms) to some of the largest global firms.
The FCA has released what it calls an ‘explainer video’ to aid firms with implementation of the Certification Regime and the Conduct Rules ahead of the deadline on 31 March 2021.
You can view the short video here.
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The FCA has made some minor changes to the TC Rulebook.
MiFID II comes into being on 3 January 2018 but firms need to take action now.
The FCA is pushing ahead with implementation of the FAMR. The latest consultation paper explains what is happening.
Are you prepared for the changes to capital adequacy for personal investment firms that come into effect on 30th June?
FG17/4 – The fair treatment of mortgage customers in payment shortfall: impact of automatic capitalisations
Alistair MacDougall Compliance 2018, FCA, Mortgage, PI
Finalised guidance around automatic capitalisation of mortgage arrears.