SMCR - extension: Future developments
| Date |
Development |
Comment |
| 2018 |
|
|
| 04 July |
FCA publishes “near-final” rules re Extension of Senior Managers & Certification Regime in FCA Policy Statement 18/14. |
|
| 10 December |
Extension of SMCR to commence for insurers. |
|
| 2019 |
|
|
09 December
|
Extension of SMCR to commence for all FCA solo-regulated firms. |
|
| 2020 |
|
|
| 09 December |
End of 12 month transitional period for firms to complete initial certification process and train all other staff. |
|
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