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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Your clients are Unique and your reports to them should be too
This generically refers to the transfer of benefits
Switching from one investment to another
Don’t replace unless there is a damn good reason to do so
Special Report by ATEB: A Guide to Independence
Steve Bailey Compliance FCA
In association with Adviser Business Review Magazine ATEB has produced a guide that highlights key characteristics for an independent firm.