Tag: Senior Managers and Certification Regime

FCA and PRA plan biggest SM&CR shake-up in a decade

The UK’s Senior Managers and Certification Regime (SM&CR) may be on the cusp of its most far-reaching overhaul since launch. On 22 October 2026, the...

FCA trims SM&CR: streamlining or a new culture risk?

The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...

Why SMCR reform doesn’t reduce compliance risk

The UK's Senior Managers and Certification Regime (SMCR) is entering a new chapter — one that promises greater operational flexibility for firms while keeping...

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