FCA To Postpone Senior Manager Rules Amid Crisis

Law360, London (July 17, 2020, 3:44 PM BST) -- The Financial Conduct Authority said on Friday that it plans to push back for almost four months the date on which part of the regime for senior managers comes into force at finance companies, as it offers leeway to businesses struggling during the coronavirus pandemic.

The City watchdog plans to push back the date for bringing in rules of conduct under the senior managers' regime as the coronavirus outbreak continues to bite. (AP) The City watchdog is carrying out consultation on pushing back the date for implementing the rules of conduct, which fall within the senior Managers and Certification Regime, or...

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