A fit and proper listing
In an article for the June/July issue of Financial World, our Employment team explain how the new Financial Services Directory will work and why, while it is good news for the public, it will be an added burden for firms.
Since the heady days of the introduction of the Financial Services and Markets Act (FSMA) in 2000, there has been a public record of regulated firms and approved persons. But the inception of the Senior Managers and Certification Regime (SM&CR), in March 2016, brought with it a wholesale change to the way individuals are approved and regulated, That is why the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) now herald the “new” Financial Services Directory…
To read the article in full, please click here.
Please note that this blog is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content of this blog. Please also see a copy of our terms of use here in respect of our website which apply also to all of our blogs.
© 2025 Edwin Coe LLP