364 days. That is all the time asset managers have left to be ready for the Senior Managers and Certification Regime (SMCR) by 9 December 2019, writes Jacqui Hughes, head of wealth and asset management regulation at KPMG UK.
But Brexit preparations and regulatory fatigue has left progress delayed across too many firms in a way they simply cannot afford. Asset managers have known this was coming since July 2017, and as the...
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