Analysis: Brokers urged to keep on top of SMCR as rules kick in
The Senior Managers and Certification Regime regulation focused on greater personal responsibility has come into force for senior broker managers, and businesses have a year to train all relevant staff on conduct rules.
Brokers have been warned that the implementation date of 9 December was the “starting point” for the SMCR, not the end of a ‘tick box’ process.
Yet in the first week of December compliance
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