Senior Managers Regime: Difference between revisions
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imported>Doug Williamson (Create the page. Source: FCA: https://www.fca.org.uk/publication/corporate/applying-smr-to-fca.pdf) |
imported>Doug Williamson (Update.) |
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It defines and allocates key senior responsibilities to named senior individuals. | It defines and allocates key senior responsibilities to named senior individuals. | ||
The SMR is supervised by the Financial Conduct Authority (FCA). | |||
Revision as of 20:38, 5 November 2016
Financial services - UK.
(SMR).
The UK's Senior Managers Regime aims to raise standards of governance, increase individual accountability and help restore confidence in the banking sector.
It defines and allocates key senior responsibilities to named senior individuals.
The SMR is supervised by the Financial Conduct Authority (FCA).
