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Recruitment: financial services

Updating authors: Nick Thorpe and Gemma Chubb
Consultant editor: Paul Ellison

NOTE: The Senior Managers Regime (SMR) and Certification Regime (CR) apply to all UK-incorporated banks, building societies, credit unions and PRA-regulated investment banks (s.71A Financial Services and Markets Act 2000) and replace the Approved Persons Regime for individuals working within those firms. The SMR and CR will be extended to insurers from 10 December 2018, and to all FCA-authorised firms, which includes asset managers, brokers and consumer credit firms, from 9 December 2019.