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Firms should prepare to show reason for SM&CR delay, expert says

News Team, 21/07/2020

A regulatory specialist has said firms should be prepared to demonstrate why they have pushed back the implementation of the Senior Managers & Certification Regime (SM&CR), despite a Financial Conduct Authority (FCA) announcement that leniency would be granted.

The FCA said earlier this month that due to Covid-19 disruption, solo-regulated firms would be given until ...


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