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In this article for Compliance Monitor, Employment Partner Alexandra Carn outlines firms responsibilities under the Senior Managers and Certification Regime (SCMR).

The Senior Managers and Certification Regime, which came into force on 7 March 2016, currently covers individuals working for UK banks and building societies including branches of foreign banks operating in the United Kingdom. For those persons it effectively replaced the ‘Approved Persons’ regime.

To read the article in full, please click here.

This article was written for Compliance Monitor. Follow them on Twitter.

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