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SM&CR for insurers—a crammer's guide to extending the regime

SM&CR for insurers—a crammer's guide to extending the regime
Published on: 20 November 2018
Published by: LexisPSL
  • SM&CR for insurers—a crammer's guide to extending the regime
  • Original news
  • Extending the SM&CR to insurers
  • Top Take-Aways
  • Senior Management Function Holders (SMFs)
  • Certification Regime for Significant Harm Function Holders
  • Firms will need to certify staff and assess F&P
  • Prescribed Responsibilities and Management Responsibility Maps
  • Conduct Rules will apply to all employees (other than ancillary staff)
  • Senior Managers and certain NEDs will be subject to criminal record checks
  • More...

Article summary

Financial Services analysis: Mark Simpson, partner, and Richard Powell, Professional Support Lawyer at Baker McKenzie, consider the extension of the Senior Manager & Certified Persons Regime (SM&CR) to insurers. or take a trial to read the full analysis.

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