SMCR - extension: Future developments

 

Date Development Comment

2017

28 September  Consultation on implementing asset management market study remedies and changes to our Handbook closes. Further information available here.
03 November Consultation closes on extension of Senior Managers and Certification Regime (SMCR).  
Q4  FCA expected to publish "technical consultation paper" on the operational aspects of the extension of SMCR.   
 2018    
Summer 2018 FCA to publish final rules on extension of SMCR in Policy Statement.  
Late 2018   Phased implementation of SMCR to all FCA solo-regulated firms expected to commence.  

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.