The UK’s Financial Conduct Authority has announced a deadline extension for firms to train staff and provide data under the Senior Managers & Certification Regime (SM&CR).

The regulator said this week that it would push back the date which new conduct rules came into force for solo-regulated firms by just under four months – from 9 December to 31 March 2021.

This delay was designed to assist firms whose usual operations had been impacted by the pandemic.<...