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SMCR for FCA-solo regulated firms

The FCA recently released the latest in a long series of papers relating to the Senior Managers and Certification Regime (“SMCR”). FCA Consultation Paper CP19/4 sets-out new measures designed to “optimise” the SMCR ahead of...more

In the shadow of the financial crisis – a decade on, why does the issue of culture still persist?

This week, Andrew Bailey, the Chief Executive of the FCA, gave his latest speech addressing the issue of culture. The speech, which was entitled “The Importance of Diversity” and given at the Personal Investment Management...more

DOJ New No-Piling-On Policy for Corporate Sanctions Moves US Closer to UK and French Authorities

On 9 May, Deputy Attorney General Rosenstein announced a new DOJ policy that “encourages coordination among Department components and other enforcement agencies when imposing multiple penalties for the same conduct.” This...more

Implementing strong corporate compliance programs – necessity rather than nicety?

No matter the industry, maintaining effective corporate compliance programs has never been a more essential part of operations to address the legal risks that corporates face. This article, the third in a series about...more

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