The Treasury has announced the replacement of the Approved Persons Regime for all approved persons. A version of the Senior Managers and Certification Regime – originally designed for banks, building societies, credit unions and PRA-designated investment firms following the 2007-2008 financial crisis - will be extended to all other financial services firms (including asset managers, insurance and mortgage brokers and consumer credit firms) from 2018.
Read the full briefing paper>>>
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.