News & Analysis as of

Prudential Regulation Authority (PRA) SMCR Corporate Governance

Goodwin

FCA D&I Standards for Large Firms Abandoned (for now), Non-financial Misconduct Rules Delayed (but Still Important)

Goodwin on

In a previous alert, we discussed the proposals put forward by the UK Financial Conduct Authority (FCA) for all FCA-authorised firms to better integrate non-financial misconduct (NFM) considerations into their senior manager...more

BCLP

Applying the FCA’s proposed new guidance on non-financial misconduct

BCLP on

Non-financial misconduct in financial services firms is back at the top of the agenda following the concurrent publication of the FCA’s Consultation Paper 20/23 (Diversity and inclusion in the financial sector – working...more

WilmerHale

FCA Discussion Paper - Diversity, inclusion and its future impact on SMCR

WilmerHale on

During July the FCA made two announcements which demonstrate its continued focus on culture and diversity and their intersection with governance. In a Consultation Paper, it announced proposed changes to Listing Rules which...more

Latham & Watkins LLP

FCA and PRA Statement on SM&CR and COVID-19: Expectations of Dual-Regulated Firms

Latham & Watkins LLP on

UK Regulators announce new measures after acknowledging firms affected by COVID-19 will need to keep their governance arrangements under review. On 3 April 2020, the FCA and the PRA released a statement announcing several...more

BCLP

FS Regulators’ Business Plans: Infographic Timeline and Summary

BCLP on

Click here for an infographic timeline summarising the FCA, PRA and PSR business plans for 2019/20, together with key EU and UK financial services developments. The Financial Conduct Authority published its business plan on...more

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