Regulation Ready

What is the Elephant in the Senior Manager’s Room?

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The Senior Managers and Certification Regime, intended to improve standards and increase transparency and communication between the financial services industry and the regulators, are due to be implemented in just weeks. These rules make individuals accountable for their own behaviour and ensure that those with significant influence regularly undergo checks confirming they are fit and […]

Regulation Ready

Top 4 Concerns with the Senior Managers Regime

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Martin Wheatley, then FCA chief executive, introduced the Senior Managers Regime, Certification Regime and Conduct Rules with the certainty that: “Today we have given clarity on rules that will embed personal accountability into the culture of the City. New conduct rules will add further momentum to improving standards across the industry.” Yet key questions remain […]

Regulation Ready

How New Financial Services Regulation Affects You

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In 2013, the Parliamentary Commission for Banking Standards set out plans to improve professional standards and culture in the UK financial industry, promote transparency and increase communication. Following detailed consultation, these rules come into force in March, falling under three categories: Senior Managers Regime Certification Regime Conduct Rules According to the August 2015 FCA media […]

Did the Earth Move for You?

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2015, the year of seismic shifts in the privacy landscape. Let’s take a look back on 2015, here are some of the highlights: Hello to the General Data Protection Regulation (GDPR): the trilogue ended just before Christmas and we now have final agreement on the text of the GDPR which will replace the EU Directive. […]