Tag: senior managers
Showing 11 out of 11 results
The FCA’s proposed new ‘Consumer Duty’ – what does it mean?
COVID 19 - PRA and FCA guidance on key workers in financial services
The UK Government has published guidance requesting that schools and other educational institutions provide limited care for children whose parents have …
FCA warns CEOs to tackle non-financial misconduct
Near-final rules for extension of SMCR to insurers and brokers published
Near-final rules for the extension of the Senior Managers & Certification Regime (SMCR) to all financial services firms, including insurers and …
AML/CFT COMPLIANCE A KEY FOCUS OF RECENT SUPERVISORY INSPECTIONS BY THE HONG KONG INSURANCE AUTHORITY
Late last week, the Hong Kong Insurance Authority (IA) published a circular setting out its key findings from anti-money laundering and counter-financing …
EXTENDING THE SENIOR MANAGERS AND CERTIFICATION REGIME TO INSURERS
The UK Senior Managers and Certification Regime (SMCR) is being extended to all financial services firms during 2018. PRA and FCA proposals applying to …
FCA CONSULTS ON EXTENDING THE SMCR TO INSURANCE INTERMEDIARIES
The FCA has published proposals to extend the Senior Managers and Certification Regime (SMCR), which already applies to banks, to other financial …
PRA consults on amendments to the Senior Insurance Managers Regime (SIMR)
The PRA has published a consultation paper (CP8/17), which includes proposed amendments and optimisations to the Senior Insurance Managers Regime …
PRA - strengthening individual accountability in banking and insurance (PS12/17)
On 12 May 2017, the PRA published PS12/17 "Strengthening individual accountability in banking and insurance: amendments and optimisations (and associated …
A new regime for senior insurance managers: changes to the approved persons regime for Solvency II firms
In November 2014, the PRA and the FCA proposed wide-ranging reforms of the Approved Persons Regime (APR) for insurers and reinsurers. The PRA will …
Solvency II and Non-Executive Directors
The PRA and FCA have confirmed their approach to non-executive directors (NEDs) under the Senior Insurance Managers Regime (SIMR). Some …