Webinar: SM&CR Virtual Briefing: 17th May 2022

SM&CR – not just a cost to your firm but the cornerstone for ensuring ‘conduct, culture and accountability’.

No doubt that over the last 18 months you have heard the FCA talk regularly about becoming a more data led regulator. Nikhil Rathi (CEO) has been driving through a project to ensure that the FCA is specifically focused in this area.

Only this month, Nikhil Rathi and the team published their 3-year strategy together with the Business Plan for 22/23 and it was interesting once again to hear his comments about the regulatory change that he is seeking to achieve.

“Last year, I said you would begin to see a different type of FCA. More innovative, more assertive, more adaptive. We are being tougher on firms who want authorisation to operate in the UK, using data more systematically to ask the firms we supervise more rigorous questions and using our enforcement and intervention powers more actively, pushing the boundaries where we need to.”

If firms are likely to be asked more searching questions and be expected to have the answers from the data that they capture and hold, does this worry you about how your firm is currently approaching SM&CR and the culture and conduct changes it is expected to drive? Whatever your answer to that question, there are opportunities for firms to enhance their current approaches in these areas, and this is something that the Worksmart team and guests will look to discuss and debate on this webinar.

It is obvious from the comments noted above that the regulator certainly plans to continue to supervise firms against personal accountabilities, conduct and culture, so register now to once again join the Worksmart team, and special guest, Marian Bloodworth, Employment Law Partner at Deloitte UK, for another lively discussion to consider all this and more on SM&CR.

To register for this free event, visit: https://us02web.zoom.us/webinar/register/4316305764573/WN_hJUm0ziyQJqf9saralUZug