- New FCA regime will emphasise individual accountability
- Changes Introduced by the SMCR
- What Should Firms Do?
Law 360: From 9 December 2019, all Financial Conduct Authority (FCA) solo-regulated firms, as well as European Economic Area (EEA) and third-country branches will be subject to the Senior Managers and Certification Regime (SMCR) which will replace the current FCA Approved Persons Regime (APR).
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