The Personal Investment Management & Financial Advice Association (PIMFA)

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PIMFA response to CP 17 40 Transitioning FCA firms and individuals to the SMCR

PIMFA’s response to CP 17/40: transitioning FCA firms and individuals to the Senior Managers and Certification Regime, welcoming overall the transitional arrangements and the intention reflected in CP 17/40 to apply the rules to solo-regulated firms in mid-to-late 2019 and suggesting that supporting notes to assist in the completion of forms would be useful.
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Senior Managers Certification Regime (SMCR)

SMCR (Senior Managers and Certification Regime) ensures accountability, clarifies roles, and enhances individual responsibility within financial services firms.
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Journal #28

Shared Type: Shared Public
Published: September 25, 2025
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