The FCA last week published proposals to extend the SM&CR to almost all regulated firms – FCA Consultation Paper (CP17/25) – Senior Managers and Certification Regime (“SM&CR”) Why Jonathan Davidson, Executive Director of Supervision- Retail & Authorisations at the FCA, said: “Culture and governance in financial services and its impact on consumer outcomes is a […]

The expanding scope of individual accountability for corporate misconduct – speech by Mark Steward (FCA) Mark Steward, director of enforcement and market oversight, FCA, has given a speech on the accountability of senior managers for corporate misconduct at the New York University program on corporate compliance and enforcement. Mr Steward explained that the FCA’s senior […]