Financial services and banking: employment issues

Financial services and banking: employment issues guidance:

The Senior Managers Regime and Certification Regime—what is it? The regime has three key elements: the Senior Managers Regime and Certification Regime (SM&CR) and the...

Practice Note

In June 2013, the Parliamentary Commission for Banking Standards (PCBS) published its report Changing Banking for Good, which set out a number of recommendations for...

Practice Note

Produced in partnership with Sam Whitaker of Shearman & Sterling LLP This Agreement is made on [date] between the following parties: Parties 1 [name of employer] [Limited...

Precedents

Produced in partnership with Simon Morris, Partner and Gillian MacLellan, Partner of CMS [Insert addressee details] Dear [insert name] [It is our understanding that...

Precedents

Overview of the Directory As a consequence of the extension of the Senior Managers & Certification Regime (SM&CR) to solo-regulated firms in December 2019, the Financial...

Practice Note

The SM&CR—key principles The Senior Managers and Certification regime (SM&CR) came into force on 7 March 2016. It replaced the Approved Persons Regime (APR) in relation...

Practice Note

What are the remuneration codes? The FCA Handbook currently contains five remuneration codes (Codes), with change driven by European Directives that include the Third...

Practice Note

Employment Rights Act 1996 and Public Interest Disclosure Act 1998 Under the Employment Rights Act 1996 (ERA 1996), as amended by the Public Interest Disclosure Act 1998...

Practice Note