Compliance Week recently explored the UK government and regulators’ proposed reforms to the Senior Managers & Certification Regime (SMCR), aimed at reducing regulatory burden across the financial services sector. The article considers both the potential benefits and operational risks of the changes, including comment from Priya Dave, Of Counsel at Corker Binning, on the uncertainty firms may face as the reforms are implemented in phases and the importance of maintaining clear accountability standards.
Read the full article in Compliance Week.
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