In practice

The action plans and practical guidance on the pages below are based on the consultation paper extending the SMCR to all FCA firms (CP17/25) published by the FCA on 26 July 2017, the additional consultation papers CP 17/40 (Transitioning FCA Firms and Individuals to the SMCR) and CP 17/42 (Duty of Responsibility) published on 13 December 2017, and the “near-final” rules published in Policy Statement 18/14 on 04 July 2018.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.