Regime simplified for firms with gross total assets of less than £250 million
UK banking regulator
the Prudential Regulation Authority (PRA) has released the
first set of final rules for a new regulatory regime that will
hold senior managers individually accountable for conduct at
The policy statement released on Monday
contains feedback on industry responses to the consultation
paper along with a first set of final rules for the Senior
Managers and Certification Regime.
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