Commentary and analysis

All items: Financial services sector information

  • Preparing for the SMCR: Timeline and checklist

    Date:
    1 October 2019

    The Senior Managers and Certification Regime (SMCR) will apply to all Financial Conduct Authority (FCA) solo-regulated firms from 9 December 2019. In the second of her series of four articles, Sarah Leslie provides a checklist of the key steps that firms must take to prepare for its arrival, and the timeline.

  • Senior Managers and Certification Regime: The basics

    Date:
    1 October 2019

    The Senior Managers and Certification Regime (SMCR) will apply to all Financial Conduct Authority (FCA) solo-regulated firms from 9 December 2019. In the first in a series of four articles, Sarah Leslie sets out the key elements of the new regime, and looks at the new directory.

  • SMCR practical steps: Conduct rules, employment contracts, policies

    Date:
    1 October 2019

    In the last in her series of four articles on the extension of the Senior Manager and Certification Regime (SMCR) to all Financial Conduct Authority (FCA) solo-regulated firms, Sarah Leslie looks at what steps firms need to take in relation to the new conduct rules, employment contracts, and policies.

  • SMCR practical steps: Statements of responsibilities, fitness and propriety, regulatory references

    Date:
    1 October 2019

    In the third in her series of four articles on the extension of the Senior Manager and Certification Regime (SMCR) to all Financial Conduct Authority (FCA) solo-regulated firms, Sarah Leslie looks at what steps firms need to take in relation to statements of responsibilities, assessing fitness and propriety, and regulatory references.

  • How to navigate managers regime, GDPR and criminal records checks

    Date:
    10 May 2019

    There are major data privacy implications of criminal records checks made necessary by the Senior Managers and Certification Regime, an issue that will affect about 50,000 firms in the financial services sector from 9 December 2019 onwards. Solicitors David Palmer and David Lorimer examine how compliance and HR teams can help meet businesses' obligations under both the GDPR and SMCR.

About this category

Commentary and analysis: HR and legal information and guidance relating to employers in the financial services sector.