Senior Managers Regime: Difference between revisions
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''Financial services - UK'' | ''Financial services - UK''. | ||
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*[[Financial Conduct Authority]] | *[[Financial Conduct Authority]] | ||
*[[Governance]] | *[[Governance]] | ||
*[[Regime]] | |||
*[[Risk policy]] | *[[Risk policy]] | ||
*[[Three Lines of Defence Model]] | *[[Three Lines of Defence Model]] |
Latest revision as of 17:14, 5 July 2022
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).