Tag: SM&CR

SM&CR has increased emphasis on personal accountability within firms and caused many senior managers to abandon ship for less risky roles, Ascent partner lead Maria Phillips told FinTech Global.

The UK Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.

Edinburgh-headquartered TSB Bank will sack up to 400 people and close 86 branches across the UK as the lender also announced new tech investments.