SM&CR tops experts’ predictions as the 2019 regulatory issue for brokers
FCA fines show firms cannot take their eyes off the ball.
The Senior Managers and Certification Regime (SM&CR) change coming in on 9 December 2019 has topped the list of a straw poll of compliance specialists on the biggest regulatory issue for brokers this year.
It was the only topic flagged by every expert when asked for their top three.
The Financial Conduct Authority (FCA) has previously described SM&CR as delivering “clear standards” for the conduct that it will expect from all financial services staff and that these standards were central to
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