FCA/PRA joint announcement on the Senior Managers Regime: Why NEDs need protection

26 February 2015

Home Our News Press Releases FCA/PRA joint announcement on the Senior Managers Regime: Why NEDs need protection

There was good and bad news this week from the PRA/FCA joint announcement on the Senior Managers Regime (SMR). The regulator has now exempted some non-executive directors (NEDs) from the new rules and confirmed only NEDs with key areas of responsibility will fall under the auspices of the new regime.

Published on Economia

Louise Hodges

Partner and Head of Department

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