FCA extends the Senior Managers and Certification Regime to 47,000 firms

The FCA has extended the Senior Managers and Certification Regime (SM&CR) to around 47,000 additional firms as of 9 December. The FCA stated that this further extension is a key step to creating a culture across financial firms where individuals take accountability for their own actions and competence.

https://www.fca.org.uk/news/news-stories/fca-extends-senior-managers-and-certification-regime-47000-firms

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