Senior Managers and Certification Regime: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Standardise heading.) |
imported>Doug Williamson m (Categorise.) |
||
| Line 14: | Line 14: | ||
*[[Financial Conduct Authority]] | *[[Financial Conduct Authority]] | ||
*[[FSMA]] | *[[FSMA]] | ||
[[Category:Self_management_and_accountability]] | |||
[[Category:Financial_management]] | |||
[[Category:Ethics_and_corporate_governance]] | |||
Revision as of 10:56, 22 February 2018
UK financial markets regulation.
(SM&CR).
The SM&CR regulates individuals working in financial services.
The aim of the SM&CR is to reduce harm to consumers and strengthen market integrity by making individuals more accountable for their conduct and competence by:
- Encouraging a culture of staff at all levels taking personal responsibility for their actions; and
- Making sure firms and staff clearly understand and can demonstrate where responsibility lies.
