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Application of the Senior Managers and Certification Regime to firms in the temporary permissions regime: clarification of the PRA’s and FCA’s proposals
This note clarifies the interaction between the PRA’s and FCA’s proposals for applying the Senior Managers and Certification Regime (SM&CR) to firms in the temporary permissions regime (TPR), and includes a set of Frequently Asked Questions
Published on
07 January 2019
Update 8 January 2019: The version of this note published on Monday 7 January 2019 was updated to include an additional sentence to the table on third-country branches on page 3.