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

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