Senior Managers Regime and Subordinated debt: Difference between pages

Latest revision as of 13:40, 5 March 2022

A form of debt where the rights of the lender are ranked AFTER either senior debt or after another form of claim on the resources of the borrower.

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-''Financial services - UK''
+A form of debt where the rights of the lender are ranked AFTER either senior debt or after another form of claim on the resources of the borrower.
-(SMR).
-The UK's Senior Managers Regime aims to raise standards of governance, increase individual accountability and help restore confidence in the banking sector.
+== See also ==
+* [[Debt]]
+* [[Junior debt]]
+* [[Senior debt]]
+* [[Subordination]]
-It defines and allocates key senior responsibilities to named senior individuals.
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
-The SMR is supervised by the Financial Conduct Authority (FCA).
+[[Category:Liquidity_management]]
-==See also==
-*[[Anti money laundering]]
-*[[Compliance]]
-*[[Financial Conduct Authority]]
-*[[Governance]]
-*[[Risk policy]]
-*[[Three Lines of Defence Model]]