New FCA Regime Will Emphasize Individual Accountability
Law360 (June 14, 2019, 1:49 PM EDT) -- From Dec. 9, 2019, all Financial Conduct Authority solo-regulated firms, as well as European Economic Area and third-country branches will be subject to the Senior Managers and Certification Regime which will replace the current FCA Approved Persons Regime.
The SMCR has applied to banks, credit unions, building societies and dual-regulated investment businesses since March 2016 and in December will be extended to all remaining FC-authorized firms. It establishes a clear road map for enforcement action (potentially significant fines and other actions) against individuals through the introduction of increased administrative and regulatory requirements that firms are well advised to stay on top...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!