Financial Conduct Authority Archives

FCA proposes extended sustainability framework to include PMs

The UK’s Financial Conduct Authority (FCA) has opened a consultation to extend the Sustainability Disclosure Requirements (SDR) to include portfolio managers.

Regulatory round up: Australia toughens up banking regulation

Australia has toughened up banking regulation after its upper house, the Senate, passed a law which gives its financial regulator, the Australian Prudential Regulatory Authority new powers, including the ability to cap bankers’ pay. Under the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2018 individual bank executives can be held to account for non-compliance […]

Financial Conduct Authority Senior Managers and Certification Regime

UK’s financial regulators extend governance regime

The Financial Conduct Authority (FCA) has published proposals to extend the senior managers and certification regime (SM&CR) across most regulated firms replacing the existing approved persons regime. This follows a government announcement in October 2015 that it wished to extend the SM&CR to all sectors of the financial services industry. The FCA said that the aim […]