Bit by bit, enforcement actions are giving us more clarity on what “reasonable steps” means for senior managers.   The latest news: the...

We now have our first enforcement action against a Senior Manager under the SMCR for breaches of the Senior Manager Conduct Rules. And...

UK chancellor Jeremy Hunt has announced a review of the Senior Managers and Certification (SMCR) regime as part of a wider package of...

The FCA’s annual perimeter report recommends extending the SMCR to credit rating agencies, as well as recognised investment exchanges,...

The Financial Conduct Authority thinks that its individual accountability regime should be extended to the payments and e-money sector....

It is little over six months since the phased roll-out of Senior Managers and Certification Regime (SMCR) reached a climax-of-sorts, with...

The PRA published its 2020-21 annual report last week along with its latest enforcement and Skilled Persons statistics.  And it's fair to...

The FCA has stated clearly that "non-financial misconduct is misconduct", and followed this up with publicised enforcement action...

The number of open FCA investigations into Senior Management Function (SMF) holders is growing, as you might expect. But does that tell...

'Reasonable steps' has now become a part of the vocabulary of the regulators and senior managers alike.  But what may appear to be a...