Parliament is expected to pass the long-awaited SMR legislation in the autumn
The UK’s Financial Conduct
Authority (FCA) and the Prudential Regulation Authority (PRA) on Thursday published near final rules extending the senior managers accountability regime
to UK branches of overseas banks.
The regulators said the rules had
been published ahead of parliament finalizing legislation to extend the regime,
to give market participants as much time as possible to prepare for the
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.