Page 10 - Certification Regime News Today

Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on their watch, in order to make hiring easier, two

In 2023 Financial Conduct Authority FCA will give more guidance on what kinds of non-financial misconduct may be relevant to assessment of regulated individual fitness, propriety. Fitness and propriety is keystone test for if individual can conduct regulated activities.

2022 saw a big shift in the geo-political climate and a bedding in of the new hybrid working world. These two developments are reflected in the blogs our subscribers were most...

It feels like the SMCR may be curtailed before it has had the opportunity to take effect, partly because it takes so long for enforcement investigations to conclude and because there seems to be a reluctance to take the relevant individuals to task.

Global Investigations Review (GIR) is the hub for global coverage of corporate investigations and their aftermath. Keep up to date with significant developments in the corporate investigations world.

As the new year is fast approaching, we’re waiting for potential UK employment law developments that financial services firms should be aware of in 2023. Employment Bill in 2022 did not happen, but proposals expected to form part of it may now become laws of their own.

On 9 December 2022, the United Kingdom’s Chancellor of the Exchequer announced an expansive set of reforms to the UK’s financial regulatory regime – labelled the “Edinburgh Reforms”. ...

On 9 December 2022, in Edinburgh, the Chancellor of the Exchequer announced a set of reforms that are intended to drive growth and competitiveness in the financial services sector (the...

On 9 December, the Chancellor announced the Edinburgh Reforms, “to help turbocharge growth and deliver a smarter and home-grown regulatory framework for the UK – that is both agile and proportionate”, according to the Government's website.

Chancellor Jeremy Hunt unveiled the “Edinburgh Reforms” of the financial services sector on Friday (9 December).