News & Analysis as of

Senior Management Regime (SMR) Coronavirus/COVID-19

Morgan Lewis

SMCR: Full Implementation for Solo-Regulated Firms Delayed to 31 March 2021

Morgan Lewis on

The UK Financial Conduct Authority recently published Policy Statement 20/12, which sets out the final rules on the extension of the Senior Managers and Certification Regime implementation deadlines for the certification...more

Latham & Watkins LLP

Senior Manager Responsibilities in the Ongoing COVID-19 Situation

Latham & Watkins LLP on

Following the large-scale changes and challenges faced by firms during the initial phase of COVID-19, firms are beginning to consider what their operating model will be in the next phase and over the longer-term. For...more

Latham & Watkins LLP

FCA and PRA Statement on SM&CR and COVID-19: Expectations of Dual-Regulated Firms

Latham & Watkins LLP on

UK Regulators announce new measures after acknowledging firms affected by COVID-19 will need to keep their governance arrangements under review. On 3 April 2020, the FCA and the PRA released a statement announcing several...more

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