In response to the current situation, the FCA, the Financial Reporting Council (FRC), and the
As part of the SM&CR, banks, building societies, credit unions and insurance companies had to
The FCA Senior Management Systems and Controls rules (“SYSC”) require firms to have robust plans
The FCA issued guidance on Friday 20 March 2020 regarding whether a person working in
The FCA issued a statement warning that firms must plan ahead and ensure sound management
In light of the COVID-19 outbreak the FCA has announced a flexible approach on enforcing
