The latest proposals for improving diversity and inclusion in the UK financial services sector, published by the Financial Conduct Authority and Prudential Regulation Authority, include changes that will impact Senior Manager arrangements at UK regulated firms.
The extent of the impact will depend on a number of factors, including whether a firm is solo or dual regulated. Our latest post in this series, covering the regulators’ proposals, focuses on the issues firms need to consider in relation to existing and prospective Senior Managers and the allocation of Senior Management responsibilities.
The next post in this series will consider the wider implications for firms’ governance arrangements.