Review of senior managers regime provides useful insight

Table of contents

• Edinburgh Reforms
• 1. Has the regime delivered against its original aims?
• 2. What is the impact of the certification regime on the UK's international competitiveness?
• 3. Is the certification regime applied proportionately for firms and individuals?
• 4. The operational efficiency of the approval processes
• Opportunity to shape a key regulatory requirement

Article summary

Law360, London: The collective review of the Senior Managers and Certification Regime by HM Treasury, the UK Financial Conduct Authority (FCA) and the UK Prudential Regulation Authority (PRA) is now underway. Richard Burger, partner and Katy O’Connor, paralegal at WilmerHale provide insight into the senior managers certification regime.