DECEMBER 2019 - Senior Management and Certification Regime – SM&CR

The Senior Managers and Certification Regime (SM&CR) came into force on 9th December 2019 for firms such as ours who are authorised and regulated by the Financial Conduct Authority which has replaced the Approved Persons Regime. From this date, as an example, individuals who previously held a CF30 are now known as Certified Persons (if appropriate). These individuals will no longer be listed on the Financial Conduct Authority (FCA) Register. They will instead be listed in the new FCA directory which will go live towards the end of this year.

For more information please visit our page on SM&CR.