SM&CR for banks and PRA-designated investment firms | Practical Law

SM&CR for banks and PRA-designated investment firms | Practical Law

This note provides an overview of the FCA and PRA regime governing certain individuals in UK banks, building societies, credit unions, PRA-designated investment firms and branches of foreign banks operating in the UK. It sets out the three key elements of the regime, that is the senior managers regime (SMR), the certification regime (collectively the SM&CR) and the conduct rules.

SM&CR for banks and PRA-designated investment firms

Practical Law UK Practice Note Overview 9-617-4240 (Approx. 28 pages)

SM&CR for banks and PRA-designated investment firms

MaintainedUnited Kingdom
This note provides an overview of the FCA and PRA regime governing certain individuals in UK banks, building societies, credit unions, PRA-designated investment firms and branches of foreign banks operating in the UK. It sets out the three key elements of the regime, that is the senior managers regime (SMR), the certification regime (collectively the SM&CR) and the conduct rules.