Hear from the Experts: Senior Managers and Certification Regime

Posted · Add Comment

Our recent webcast with Financial News Custom Studio is now available to watch on demand. “Now Comes the Hard Bit: Making Sure the Senior Managers Regime Works” provides the views of HireRight’s Steve Girdler as well as representatives from Lloyds Banking Group, Chartered Banker Institute, Freshfields, and the BBA. The panel discuss the impact of […]

Financial Conduct Authority

UK Financial Regulation – Regulated References and Other News

Posted · Add Comment

We have been waiting for the regulators to publish their rules around regulated references and extending the new regime to cover different roles (algorithmic traders and client-dealing functions). They have published some updates but it will take a bit longer for us to know exactly what’s needed and implement everything following some recent updates from […]

Regulation Ready

Top 10 Tips on being FCA Regulation Ready

Posted · Add Comment

HireRight recommends financial service firms take the following steps to mitigate the risk of falling below minimum standards and competitors: Plan – Have a plan for the next two years to ensure that you are ready not only for March 7 2016 but also 2017 when the rules are applicable more widely. Review your policies […]

Regulation Ready

How New Financial Services Regulation Affects You

Posted · Add Comment

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 […]