The new regulation will require new training and education of Senior Managers. If your firm needs to prepare, Enterprise Learning can run a Free Readiness Workshop for your team.
If you would like to arrange a free workshop for your whole team to attend, please contact firstname.lastname@example.org
The FCA will publish the final policy statement for the Senior Managers and Certification Regime in Summer 2018. From this point, FCA regulated firms will need to identify their Senior Managers and Certified Staff and they will be required to complete fitness and propriety assessments as well as all certification paperwork within 12 months. The Conduct Rules will apply to managers immediately.
‘Other Conduct Rules staff’ (any staff who Conduct Rules apply to but do not hold a Certification and are not Senior Managers) in Core, Enhanced or Limited Scope firms will have 12 months to be trained for the new Conduct Rules.