The Senior Managers and Certification Regime (SM&CR) applies to the United Kingdom banking sector since March 2016 and to dual-regulated insurers since December 2018. SM&CR has been put in place to reduce financial service consumer harm and strengthen market integrity by making individuals accountable for their conduct and competence.
The Senior Managers and Certification Regime (SM&CR) applies to the United Kingdom banking sector since March 2016 and to dual-regulated insurers since December 2018. SM&CR has been put in place to reduce financial service consumer harm and strengthen market integrity by making individuals accountable for their conduct and competence.
Source: Wikipedia "Senior Managers Regime" · CC BY-SA 4.0
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