Extended to 31 March 2021 for solo-regulated firms
Advisers describe it as a “complete shambles”
New regulation comes into effect in December
Guidance on dealing with misconduct ahead of regulation launch
Firms must start planning for new regime
New regime begins in December 2019
Ahead of SMCR rollout
Personal culpability of senior managers to increase from December 2019
Financial Services register to be improved
'Despite record fines, increasing investigations and an expanding compliance industry, misconduct remains'
Douglas Cherry, partner at Reed Smith, takes a closer look at the implications of the new regulations for asset and wealth management employees.